Tag: Worldwide

December 18, 2006 to be busiest day in FedEx history

Posted by | Oct 24, 2006 | |

Continuing a nine year trend, FedEx Corp. expects to make history again when a record-breaking total of 9.8 million packages move through its global FedEx Express and FedEx Ground networks on December 18, 2006. This is projected to be the busiest night in the history of FedEx and would break the company’s previous record night of 8.9 million on December 19, 2005.

“From 186 packages on our first day of operations to almost 10 million in one night this holiday season, the busiest day of 2006 will again make history for FedEx,” said Frederick W. Smith, Chairman, President and CEO of FedEx Corp. “Achieving this milestone speaks to our world class global workforce of nearly 275,000 people, our strong heritage and our leadership both for today and the future.”

Read More

Flying on its own

Posted by | Oct 23, 2006 | |

FedEx’s buy-out of its local partner should take its China business to new heights. FedEx Corp, a US delivery company, joined the movement in January, when its courier arm, FedEx Express, announced it would spend USD400m to buy out the 50per cent stake held by its China joint-venture partner of the past seven years. Included in the deal was the latter’s nationwide domestic delivery network. The same month FedEx broke ground on a USD150m project to build its Asia hub at Guangzhou’s brand-new Baiyun airport, the biggest and busiest airport in south China. When completed in December 2008, FedEx’s new base will handle 30-35 flights daily in and out of Guangzhou, linking 24 cities across Asia in the company’s network to the US and Europe.

Read More

Philippine Airlines (PAL) says it is considering acquiring at least eight wide-bodied aircraft

Posted by | Oct 20, 2006 | |

Philippine Airlines (PAL) says it is considering acquiring at least eight wide-bodied aircraft expand its routes to the United States and Canada and to return to Europe after an absence of about a decade. The airline may spend up to USD 200 million for each aircraft to be acquired, Chairman Lucio Tan said.

PAL President, Jaime Bautista, said they had not yet decided whether to order the additional aircraft from Airbus or Boeing. “The planes will arrive between 2008 and 2009. We’re looking at flying to California and we’re also (looking at reviving flights) to Europe,” Bautista said. The airline is in the final phase of talks with three European export credit agencies to secure a loan of up to USD 600 million to fund its re-fleeting programme. This expansion is on top of the 20 narrow-bodied Airbus planes that PAL is set to acquire, starting this year, for more than USD 840 million.PAL has already unveiled the first of its A319s, which it plans to use for domestic and regional flights. www.philippineairlines.com

Read More

Shanghai overtakes Tokyo as top city for CPS bookings, Unisys Says

Posted by | Oct 19, 2006 | |

Shanghai, South China’s major air logistics hub, moved slightly ahead of Tokyo in September as the city from which forwarders are making the most air cargo bookings on Unisys-operated Cargo Portal Services (CPS). Tokyo forwarders had previously led as early adopters of CPS, so this change demonstrates that their performance can be replicated elsewhere.

The 5 top cities generating the most CPS air cargo bookings after Shanghai were Tokyo, Toronto, Hong Kong, Beijing and Los Angeles. Unisys had reported on Tokyo’s previous top position in April 2006 (see http://www.unisys.com/about__unisys/news_a_events/04288654.htm).

“These results demonstrate the value of a global multi-carrier booking portal like CPS and the willingness of forwarders, especially in Asia and North America, to make bookings electronically,” said Christopher Shawdon, vice president and partner, Logistics Solutions at Unisys.

Read More

UPS and Poste Italiane reach deal on express international shipments

Posted by | Oct 19, 2006 | |

UPS and Poste Italiane today announced the completion of an agreement for UPS to carry the Italian postal service’s international express shipments.

The service is scheduled to start November 27 for the 14,000 post offices Poste Italiane operates across Italy.In addition, UPS is finalizing details to utilize the Poste Italiane network for its own pickup and final delivery in certain extended areas of the country.

This partnership with UPS is part of Poste Italiane’s strategy aimed at strengthening its position in the express courier domestic market. In addition, a more competitive and reliable service in the international segment offers great growth opportunities for the group and this is an important step in further improving the very positive results Poste Italiane has achieved to date. In the first six months of 2006, the group achieved an EBIT of 811 million (+43.6 per cent vs 2005) with a Net Result of 379 million (+72.6 per cent vs 2005).

Besides its core postal service, and thanks to its robust coverage of the entire country and its strong integration between its business units, the Poste Italiane Group now offers a vast range of integrated communication, logistics and financial products and services.

The UPS strategy calls for the creation of new growth opportunities for the company by forging alliances and partnerships around the world, including with national postal services.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest