Archive for the ‘FedEx’ Category
Friday, March 28th, 2008
UPS blames the US Economy - and not its customer service - for a recent downturn in shipping volume. There are now signs that the economy is sliding further, as volumes decrease further and UPS issues another warning that it may miss its earnings goal. Its main competitors - FedEx ...
Posted in All Items, Competitors, DHL, FedEx, Profits, Volume | No Comments »
Saturday, February 23rd, 2008
Now this doesn't happen every day. A guy walking around with a pay stub in his pocket from UPS rival FedEx was recently arrested on a tip from a citizen as he broke into UPS trucks to steal packages with an accomplice. Apparently, one acted as the lookout while the ...
Posted in All Items, Caught in the Act, Competitors, Crime & Security, FedEx, Package Abuse, Profits, UPS Drivers, UPS Trucks | No Comments »
Thursday, February 14th, 2008
UPS and FedEx (to a lesser extent - having just dealt with its own tax issues) must really be singing a merry little tune at what looks like the beginning of the end for competitor DHL. German prosecutors are looking into whether or not DHL CEO Klaus Zumwinkel cheated on ...
Posted in All Items, Competitors, Crime & Security, DHL, FedEx, Profits, USPS | 9 Comments »
Friday, February 1st, 2008
UPS's profits took a nose dive in the 4th quarter of 2007 - to the tune of $6.1 billion dollars - with the company blaming employee benefit package-related expenses and more competition from FedEx, DHL and the USPS.
Posted in ABX, All Items, Competitors, DHL, FedEx, Profits, USPS | 1 Comment »
Friday, January 25th, 2008
A DHL spokesman says parent company Deutsche Post World Net has no plans to sell its U.S. Express delivery service to its Memphis-based rival FedEx Corp. "There is no question about our exiting the U.S. business, a withdrawal can be completely ruled out," DHL spokesman Jonathan Baker said in a ...
Posted in All Items, Competitors, DHL, FedEx | 7 Comments »
Tuesday, January 15th, 2008
United Parcel Service Inc. said Friday its freight unit will increase rates on noncontractual shipments across the U.S and Canada by an average of 5.4 percent, effective Feb. 4. The hike applies to minimum charge, less-than-truckload and truckload rates. Late last year, FedEx announced a 5.5% general rate increase at ...
Posted in All Items, Competitors, FedEx, Services, UPS Rates | No Comments »
Monday, December 24th, 2007
Fedex Corp said on Friday that the Internal Revenue Service found that its FedEx Ground independent contractors should be reclassified as employees for tax purposes and that the company faced related taxes and penalties of more than $319 million for 2002.
The IRS is auditing similar issues for 2004 through 2006, ...
Posted in All Items, Competitors, FedEx | No Comments »
Monday, December 17th, 2007
FedEx driver Vito Randazzo works long hours this time of year, but the smile never seems to stop. Working out of one of two FedEx Corp. warehouses in Brooklyn, this day is much like any other, but Randazzo, 48, is noticeably aware of the ramp up to the busiest day ...
Posted in All Items, Competitors, FedEx, Volume | No Comments »