Monthly Archives: August 2017

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DHL Norway speeds up customs as Authorized Economic Operator

The certification acknowledges DHL’s reliable and trustworthy logistics services in the Scandinavian country. Quality label recognizes DHL Global Forwarding’s outstanding service qualityCustomers benefit from faster cross-border shipments and high safety standardsDHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has gained the Authorized Economic Operator (AEO) accreditation of Norwegian Customs Authority for its business in Norway. Norway is the 44 country worldwide DHL Global Forwarding has gained the certification in, following most other European countries.“DHL

By | 2017-08-24T00:53:00+00:00 August 24th, 2017|companies|0 Comments

Mark R. Allen Named FedEx Corp. Executive Vice President, General Counsel, and Secretary

Mark R. Allen Named FedEx Corp. Executive Vice President, General Counsel, and SecretaryWill Succeed Christine P. Richards October 1MEMPHIS, Tenn., Aug. 16, 2017— FedEx Corp. (NYSE: FDX) announced today that Mark R. Allen has been named Executive Vice President, General Counsel, and Secretary, effective October 1, 2017. Allen, 61, currently based in Europe, serves as Senior Vice President, Legal & International General Counsel at FedEx Express, a subsidiary of FedEx Corp. and is responsible for

By | 2017-08-16T00:53:00+00:00 August 16th, 2017|companies|0 Comments

Ten FedEx Drivers Take Home Top Honors at the National Truck Driving Championships

Ten FedEx Drivers Take Home Top Honors at the National Truck Driving ChampionshipsRoland Bolduc, FedEx Express, Awarded Grand Champion TitleMEMPHIS, Tenn. August 15, 2017– FedEx Corp. (NYSE: FDX) announced today that 10 drivers representing the company took home top honors at the 2017 National Truck Driving Championships (NTDC) in Orlando August 8-12. Six were crowned National Champions in their respective driving classes and Roland Bolduc of FedEx Express, was named the Bendix Grand Champion, t

By | 2017-08-15T00:53:00+00:00 August 15th, 2017|companies|0 Comments

USPS celebrates the beauty of flowers

Postal Service celebrates the beauty of flowers from American gardens by issuing the Flowers from the Garden Forever stamps tomorrow. Flowers have been a perennial favorite, with hundreds of floral stamps released over the years,” said U.S. And since they are Forever stamps, they will always be equal in value to the current First-Class Mail one-ounce price. “It’s very fitting that we will be dedicating the Garden Forever stamps at the Mary Jo Wegner Arboretum. The Flowers from the Garden stamps

By | 2017-08-15T00:53:00+00:00 August 15th, 2017|companies|0 Comments

UPS Enhances Driver Safety Training With Virtual Reality

The company will begin launching VR training in September at its nine UPS Integrad training facilities. IT experts at UPS created the VR training modules that users see and hear inside VR headsets like the HTC Vive. “Virtual Reality offers a big technological leap in the realm of driver safety training,” said Juan Perez, UPS chief information and engineering officer. UPS currently operates eight UPS Integrad facilities in the United States and two others in Europe. “This training is foundational

By | 2017-08-15T00:53:00+00:00 August 15th, 2017|companies|0 Comments

FedEx and UPS: Competing CEOs Agree on Reforms

FedEx and UPS: Competing CEOs Agree on ReformsTwo fierce business competitors are speaking out together and calling on Congress and the Administration to get to work on policy reforms to keep America globally competitive. In an op-ed published in the Wall Street Journal, Frederick W. Smith, Chairman and CEO of FedEx Corporation and David P. Abney, Chairman and CEO of UPS call for significant policy changes including simplifying taxes, investing in infrastructure and modernizing trade agreements.

By | 2017-08-13T00:53:00+00:00 August 13th, 2017|companies|0 Comments

USPS posts FY2017 3rd quarter results

Postal Service reported revenue of $16.7 billion for the third quarter of fiscal year 2017 (April 1, 2017 - June 30, 2017). Operating expenses for the quarter were $18.8 billion, a decrease of $461 million, or 2.4%, compared to the prior year quarter. The Postal Service reported a net loss for the quarter of $2.1 billion, an increase in net loss of $573 million, compared to the same quarter last year. The Postal Service receives no tax dollars for operating expenses and relies on the sale of pos

By | 2017-08-10T00:53:00+00:00 August 10th, 2017|companies|0 Comments

DHL is new worldwide title sponsor for the upcoming DR1 Drone Racing Series

This new racing championship is organized by DR1 Racing, the premiere drone racing organization that is bringing together top pilots and racing teams to compete at exhilarating locations throughout the world. DR1 presents the DHL Champions Series fueled by Mountain Dew - the ‘crown jewel’ in the drone racing circuitRace broadcasts via TV and online are expected to reach more than 300 million homes in over 100 countriesAlready a frontrunner in the use of drone technology for logistics, this sponsorship puts DHL in the lead as an exciting new sport is developedDHL, the world’s leading logistics provider, has signed on as the new title sponsor for a new racing series – DR1 presents the DHL Champions Ser

By | 2017-08-09T00:53:00+00:00 August 9th, 2017|companies|0 Comments

DHL holds groundbreaking for new mega parcel center in Bochum

“Our network – with an average of 4.3 million parcels per day – leads the way in Germany when it comes to capacity and quality,” says Jürgen Gerdes, emphasizing the project’s significance for the company’s customers and for the region. The parcel center’s building alone – about 40,000 square meters – will be equivalent in size to five soccer fields. DHL is investing a sum in the tens of millions of euros to build the parcel sorting center. Already today, together the company’s 34 parcel sorting centers process more than one million shipments every hour. The new location in Bochum is an important addition to the existing parcel network and represents a cornerstone in improving the efficiency of the DHL parcel network even more

By | 2017-08-09T00:53:00+00:00 August 9th, 2017|companies|0 Comments

Deutsche Post DHL Group posts strong growth in revenue and EBIT in the second quarter

Group revenue increased by EUR 623 million to EUR 14.8 billion, with the international parcel and eCommerce business and the global Express business in particular driving this strong growth. With EBIT of EUR 841 million, Deutsche Post DHL Group recorded the strongest second quarter in its history, and the seventh consecutive quarter in which the company has posted an all-time quarterly high.“We are very satisfied with both the second quarter and the entire first half of the year. Basic earnings per share saw a corresponding increase, rising from EUR 0.45 in 2016 to EUR 0.50 in 2017.Deutsche Post DHL Group invested EUR 351 million in the second quarter of 2017 (2016: EUR 456 million)

By | 2017-08-08T00:53:00+00:00 August 8th, 2017|companies|0 Comments