Thursday, January 14, 2010
Haiti Earthquake shows who steps up to the plate
Link to CBS News Video
Fedex will uplift $2million worth of medical aid to Haiti this coming Friday. The air lift as well as the logistics support is their donation to this effort.
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UPS is quick on the uptake and has announced they are donating $1 million to Haiti relief . Half of it will be "in kind " services i.e. their services and the other half in cash that will be spread to the various aid organizations. Bear in mind that UPS has a very aggressive and strong internal fund raising program that makes voluntary deductions from UPS employees so it's not clear whether it's really the compassion of the UPS employees or the UPS Corporate coffers that is the source of the cash donations.
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Reuters article highlights those companies that have stepped up to the plate to provide cash or fund raising programs.
Companies offer Aid for Earthquake victims
Tuesday, January 12, 2010
UPS Cuts 1800 Jobs and posts outstanding 4th Q results.
The latest news this week on Couriers is the cut of 1800 back office jobs in the USA. They report the reduction of their domestic small package service and are reducing regions as well as down sizing this particular business module. It seems rather ironic however since the USA domestic small package service was their original business module that propelled them onto the national and eventually international scene.
Considering that they have increased their rates by a general rate increase across the board by 4.9%, they are pretty serious about generating more revenue and cutting costs. They've posted a $0.73 dividend that is far higher than the forecasts.
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Considering that they have increased their rates by a general rate increase across the board by 4.9%, they are pretty serious about generating more revenue and cutting costs. They've posted a $0.73 dividend that is far higher than the forecasts.
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Thursday, January 7, 2010
Published Rate Guides Courier
DHL, UPS, Fedex and Purolator have now published their 2010 rate guide and standard tariff. Yes...all this information is available on their websites but somehow, when focused on obtaining a rate, one can easily forget to check the handling, customs clearance and various additional fees, as well as the fuel surcharges which are in addition to the door to door rate. A written or printed document is much more likely to reviewed in it's entirety and provide information that the reader should know but does not necessarily seek when on line.
Published Rate Guides Courier
Published Rate Guides Courier
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