Monthly Archives: January 2015

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FedEx Completes GENCO Acquisition

FedEx Completes GENCO AcquisitionMemphis, Tenn., January 30, 2015 – FedEx Corp. (NYSE:FDX) announced today that it has completed the acquisition of GENCO Distribution System, Inc., one of the largest third-party logistics providers in North America. The acquisition, as previously announced on Dec. 15, 2014, will offer customers a more comprehensive portfolio of logistics services, complementing the unmatched transportation services already provided by FedEx. “We are extremely pleased to welcome

By | 2017-01-31T09:44:32+00:00 January 30th, 2015|News, shippers, Shipping|0 Comments

Patriotic Wave stamp unfurled today

The stamp was unfurled at the Southeastern Stamp Expo in Norcross, GA.“This unique design is sure to lend a patriotic appearance to large mailings,” said U.S. Ordering First-Day CoversThe Postal Service also offers first-day covers for new stamp issues and Postal Service stationery items postmarked with the official first-day-of-issue cancellation. High-resolution images of the stamp are available for media use only by emailing: mark.r.saunders@usps.govATLANTA — Customers can add a patriotic appearance to packages, large envelopes and other mailings when using the new $2 Patriotic Wave stamp that began billowing at the nation’s Post Offices today. For reporters interested in speaking with a regional Postal Service public relations professional, please go to about.usps.com/news/media-contacts/usps-local-media-contacts.pdf. Postal Service Atlanta District Manager Anne Berger who dedicated the stamp.

By | 2016-09-07T00:31:47+00:00 January 30th, 2015|News, shippers, Shipping, usps|0 Comments

FedEx Completes GENCO Acquisition

FedEx Completes GENCO AcquisitionMemphis, Tenn., January 30, 2015 – FedEx Corp. (NYSE:FDX) announced today that it has completed the acquisition of GENCO Distribution System, Inc., one of the largest third-party logistics providers in North America. We look forward to starting the integration process.”With the completion of this acquisition, GENCO will now operate as a subsidiary of FedEx Corp. and will continue to be led by Todd R. Peters, Chief Executive Officer. The acquisition, as previously announced on Dec. 15, 2014, will offer customers a more comprehensive portfolio of logistics services, complementing the unmatched transportation services already provided by FedEx. “We are extremely pleased to welcome GENCO teammates to the FedEx family,” said Frederick W. Smith, Chairman and CEO of FedEx Corp. “We believe this acquisition demonstrates our commitment to our customers with enhanced supply chain and logistics offerings, which will also continue to drive growth. Financials will be reported through the FedEx Ground business segment.

By | 2016-09-02T06:39:06+00:00 January 30th, 2015|fedex, News, shippers, Shipping|0 Comments

UPS to Release 4th Quarter Results on Tuesday, Feb. 3, 2015

US 01/26/15Atlanta, GAUPS (NYSE: UPS) will announce its 2014 fourth quarter results on Tuesday, Feb. 3, 2015, at approximately 7:45 a.m. Eastern Time. ET, UPS Chief Executive Officer David Abney and Chief Financial Officer Kurt Kuehn will lead an investor conference call. This call will be open to reporters and the public on a listen-only basis, via a live Webcast. To listen to the live Webcast, go to www.investors.ups.com and click on Earnings Webcast. About UPSUPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business.

By | 2016-09-13T16:35:20+00:00 January 26th, 2015|News, shippers, Shipping, ups|0 Comments

Proposed New Postal Service shipping prices designed to Capitalize on Strong Package Growth

Postal Service seeks to keep Priority Mail Express and Priority Mail services at their current prices. It’s part of the Postal Service’s ongoing pricing strategy to capitalize on strong package growth. For reporters interested in speaking with a regional Postal Service public relations professional, please go to about.usps.com/news/media-contacts/usps-local-media-contacts.pdf. Priority Mail is the Postal Service’s flagship Shipping Services product and is a convenient and fast way to send documents and packages requiring expedited transportation and handling. In FY 2014, Postal Service Shipping and Package Services volume grew by 300 million pieces, an increase of 8.1 percent over the previous year.

By | 2016-09-07T00:32:13+00:00 January 26th, 2015|News, shippers, Shipping, usps|0 Comments

FedEx Delivers Vince Lombardi Trophy to Arizona For Super Bowl XLIX

FedEx Delivers Vince Lombardi Trophy to Arizona For Super Bowl XLIXMEMPHIS, Tenn., Jan. 24, 2015 – As players, fans and coaches head to Arizona for Super Bowl XLIX, one special guest of honor arrived today via FedEx. As the Official Delivery Service Sponsor of the NFL and the Super Bowl, FedEx Corp. (NYSE: FDX) ensured the safe and on-time delivery of the Vince Lombardi Trophy to the NFL Experience Engineered by GMC, marking a milestone in the festivities surrounding The Big Game. Richard Bauer,

By | 2017-01-31T09:44:25+00:00 January 24th, 2015|News, shippers, Shipping|0 Comments

FedEx Delivers Vince Lombardi Trophy to Arizona For Super Bowl XLIX

FedEx Delivers Vince Lombardi Trophy to Arizona For Super Bowl XLIXMEMPHIS, Tenn., Jan. 24, 2015 – As players, fans and coaches head to Arizona for Super Bowl XLIX, one special guest of honor arrived today via FedEx. “We are pleased we could team with FedEx to continue this tradition in Arizona before it is awarded to the Super Bowl XLIX champions.”To learn more about what FedEx is doing at the Super Bowl and throughout the NFL season, follow FedEx on Facebook, YouTube and Twitter via @FedEx. “Every year leading up to the Super Bowl our fans enjoy being able to see the Vince Lombardi Trophy up-close at NFL Experience,” said Mary Pat Augenthaler, NFL vice president of Events. As the Official Delivery Service Sponsor of the NFL and the Super Bowl, FedEx Corp. (NYSE: FDX) ensured the safe and on-time delivery of the Vince Lombardi Trophy to the NFL Experience Engineered by GMC, marking a milestone in the festivities surrounding The Big Game. Richard Bauer, a Phoenix-area resident and FedEx Express courier for 17 years, made the final delivery to NFL Experience with the help of former NFL player and Super Bowl XXXIV champion Torry Holt.

By | 2016-09-02T06:38:56+00:00 January 24th, 2015|fedex, News, shippers, Shipping|0 Comments

UPS Announces Expected 2014 4Q Results

Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies' non-GAAP financial measures having the same or similar names. More details on expected fourth quarter results are available in an audio recording and accompanying transcript from Kurt Kuehn. Furthermore, we use these adjusted financial measures to determine awards for our management personnel under our incentive compensation plans. Full-year 2014 adjusted diluted earnings per share is expected to be $4.75, up 3.9% over 2013 adjusted diluted earnings per share of $4.57. EDITOR’S NOTE:UPS CEO David Abney and CFO Kurt Kuehn will discuss fourth quarter results with investors and analysts during a conference call at 8:30 a.m.

By | 2016-09-13T16:35:34+00:00 January 23rd, 2015|News, shippers, Shipping, ups|0 Comments

FedEx Freight Drivers Reject Teamsters in W. Va.

FedEx Freight Drivers Reject Teamsters in W. Va.MEMPHIS, Tenn., Jan. 22, 2015 – FedEx Freight, a subsidiary of FedEx Corp (NYSE: FDX), announced that union representation elections were held at its locations in Parkersburg and Charleston, West Virginia, last week resulting in two more losses for the union. Drivers in both locations voted against representation by the Teamsters union and in favor of continuing their direct relationship with FedEx Freight. “We are proud of our drivers in West Virg

By | 2017-01-31T09:44:17+00:00 January 22nd, 2015|News, shippers, Shipping|0 Comments

FedEx Freight Drivers Reject Teamsters in W. Va.

About FedEx FreightWith corporate offices in Memphis, Tennessee, the FedEx Freight Segment includes FedEx Freight, a leading U.S. provider of LTL freight services; FedEx Freight Canada, an LTL operating company serving most points in Canada; and FedEx Custom Critical, North America’s largest time-specific, critical shipment carrier. Drivers in both locations voted against representation by the Teamsters union and in favor of continuing their direct relationship with FedEx Freight. FedEx Freight Drivers Reject Teamsters in W. Va.MEMPHIS, Tenn., Jan. 22, 2015 – FedEx Freight, a subsidiary of FedEx Corp (NYSE: FDX), announced that union representation elections were held at its locations in Parkersburg and Charleston, West Virginia, last week resulting in two more losses for the union. In addition to Parkersburg and Charleston, West Virginia, FedEx Freight drivers have voted against the union in Cinnaminson and Newark, New Jersey, and Louisville, Kentucky. “We are proud of our drivers in West Virginia for making informed decisions,” said Pat Reed, executive vice president and chief operating officer, FedEx Freight.

By | 2016-09-02T06:38:42+00:00 January 22nd, 2015|fedex, News, shippers, Shipping|0 Comments