Tag: Worldwide

Stamps.com Sending Positive Messages

Posted by | Jul 31, 2006 | |

The U.S. postal business seems to be passe — but not for Stamps.com (Nasdaq: STMP). In fact, with its software tools for consumers and businesses, Stamps.com has put together a fast-growing enterprise.

In the second quarter, Stamps.com posted a 42% increase in revenues, to $20.2 million. Net income nearly doubled to $4.2 million, or $0.17 per share. This includes a $696,000 charge for expensing stock options. Free cash flow was about $4.3 million in the second quarter, and the company has about $117 million in the bank.

Stamps.com’s core business is its PC Postage software, which lets users print up electronic stamps and offers delivery confirmation, signature confirmation, collect-on-delivery, and so on. A majority of customers pay a monthly convenience fee of $15.99.

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ProLogis Leases Almost 1 Million Square Feet to Deutsche Post Companies

Posted by | Jul 31, 2006 | |

ProLogis , a leading global provider of distribution facilities and services, announced today that it has leased almost 1 million square feet of space (91,400 square meters) in Canada and The Netherlands to subsidiaries of the Deutsche Post World Net group.

In Canada, third-party logistics services provider Exel has leased 650,000 square feet (60,400 square meters) from ProLogis for a new distribution center outside Toronto. In The Netherlands, DHL has pre-leased a 333,500-square-foot (31,000-square-meter) facility ProLogis will develop in Tilburg, approximately 50 kilometers southeast of Rotterdam.

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Michael Regan named to head UPU Postal Operations Council

Posted by | Jul 25, 2006 | |

USPS Director of International Postal Affairs Michael Regan will serve as chair of the Universal Postal Union’s (UPU) Postal Operations Council upon International Business VP Jim Wade’s retirement Aug. 3. Wade was elected council chair in 2004.

The UPU, a specialized agency of the United Nations, has 190 member countries. Its Operations Council oversees most aspects of the UPU, including technical, economic, commercial and operational areas.

Regan joined USPS as a Management Intern Specialist in International Postal Affairs in 1968. He has held a variety of positions, all in the International Business area, including extensive work on UPU programs, events and issues.

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UPS 2nd Quarter Produces Solid Earnings on 15% Revenue Gain

Posted by | Jul 25, 2006 | |

UPS today reported a strong gain in consolidated revenue and a 10.2% improvement in earnings per diluted share to 0.97 USD. Global small package volume rose 6% or 841,000 additional packages each day.

UPS closed the quarter with 2.85 billion USD in cash and marketable securities.

U.S. Package. All levels of service posted gains. Daily ground volume increased 4.6%, while average daily volume for Next Day Air® rose 4.2% and deferred air volume climbed 7.6%. Total revenue per piece remained firm with a gain of 2.7%.

Total international package volume grew 16.5%. Export volume increased 6.5% and non-U.S. domestic volume was up 23.6% aided by acquisitions.

Revenue and profit improvements in Supply Chain and Freight segment were primarily driven by the acquisition last August of a leading LTL carrier, Overnite, now re-branded UPS Freight.

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USPS gets a lift: RFID system designed for delivers a bonus: asset management

Posted by | Jul 24, 2006 | |

When the Postal Service launched an initiative to better maintain safety records for its industrial vehicles, the goal was modest–reduce the agency’s reporting burden.

Well over a year later, though, the Powered Industrial Vehicle Management System has produced a significant number of benefits, not only automating the reporting process but improving safety and helping USPS better manage its industrial fleet.

“This really helps facilitate the safer environment, the mechanics and the documentation,” said Victoria Stephen, manager of the material handling deployment within the USPS’ Engineering division.

USPS started the program essentially as a pilot in January 2005, when it signed a USD 3.6 million contract with I.D. Systems of Hackensack, N.J., to implement a wireless asset management system at 10 bulk mailing and distribution facilities across the country. The service has since installed the system in 56 facilities.

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