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Filed in FedEx

Wednesday, November 03, 2010

FedEx announced earlier today that its FedEx Express subsidiary will acquire the logistics, distribution, and express businesses of India-based AFL Pvt. Ltd. and its affiliate Unifreight India Pvt. Ltd. Financial terms of the deal, which is expected to close by February 2011, were not disclosed.
Posted on 11/03 at 12:15 PM
NewsFedExAFL Pvt. Ltd.UnifreightPermalink


Tuesday, November 02, 2010

UPS announced that new rates will kick in, effective January 3, 2011. Company officials said that 2011 rates will include a net increase of 4.9 percent for UPS ground packages and a net increase of 4.9 percent on all air express and U.S. origin international shipments.
Posted on 11/02 at 12:48 PM
NewsUPSFedExHempstead ConsultingPermalink


Friday, October 08, 2010

Taking steps to keep pace with its global rivals, UPS is aiming to set up domestic service in China, according to a recent Financial Times report. According to the FT, UPS recently submitted an application for a domestic license to the China State Post Bureau, a local regulator, in order to offer shippers in China domestic next-day delivery service and second and third day delivery products.
Posted on 10/08 at 01:44 AM
NewsUPSFedExChinaParcelResearchPermalink


Friday, October 01, 2010

Soon after less-than-truckload (LTL) transportation service providers YRC Worldwide and ABF Freight System announced matching 5.9 percent general rate increases, FedEx Freight said this week it is upping its GRI a bit higher at 6.9 percent, effective November 1.
Posted on 10/01 at 09:58 AM
NewsFedExLTLPermalink


Friday, September 24, 2010

Earlier this week, the House of Representatives voted to extend the current authorization for federal aviation programs through December 31, 2010 in what would be the 16th extension voted by Congress since the authorization’s scheduled expiration date in 2007, according to the House Transportation and Infrastructure Committee.
Posted on 09/24 at 06:53 AM
NewsUPSFedExFAAOberstarPermalink


Thursday, September 23, 2010

FedEx subsidiary FedEx Express said this week it has rolled out various upgrades to its domestic service line.
Posted on 09/23 at 08:51 AM
NewsFedExPermalink


Thursday, September 16, 2010

On its fiscal first quarter earnings call earlier today, FedEx announced some significant changes for FedEx Freight, its less-than-truckload (LTL) unit
Posted on 09/16 at 09:45 AM
NewsFedExLTLPermalink


FedEx got fiscal year 2011 off to a strong start, with net income of $380 million for the quarter for a 110 percent increase from $181 million during the same timeframe a year ago.
Posted on 09/16 at 08:15 AM
NewsFedExLess-Than-TruckloadEarningsPackage DeliveryPermalink


Wednesday, August 25, 2010

FedEx received good news last week, when a federal judge in Indiana ruled that FedEx Ground drivers in Kansas are independent contractors and not full-time employees.
Posted on 08/25 at 09:39 AM
NewsFedExParcelJerry HempsteadPermalink


Thursday, August 19, 2010

FedEx recently announced that its FedEx Express subsidiary has launched a new flight from Bengaluru, India with direct connections to Europe, the Middle East, and the United States. This is the company’s third India-based gateway—Delhi and Mumbai are the others.
Posted on 08/19 at 08:05 AM
NewsAir CargoFedExTradeIndiaBengaluruMumbaiPermalink



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