Fedex and UPS News
October 27, 2005 by Splatty
Filed under Integrators, QuickNews
In response to ever rising fuel costs, UPS has launched some initiatives which will save the company $1 million per month in fuel costs.
UPS has implemented several new procedures, including:
* Reducing the amount of extra fuel carried by aircraft.
* Using only one engine during taxiing.
* Having more UPS airplanes use electrical power from buildings
* In-ground electrical hook-ups instead of the aircraft’s auxiliary power unit
In other news, UPS credits recent growth to supply chain services and the success of the somewhat recent acquisitions of Menlo Worldwide and Overnite Transportation.
New logistics technologies, supply chain services, an integrated shipping network, and strong branding are the key drivers behind the financial growth gained by United Parcel Service over the past year, according to Scott Davis, the company’s chief financial officer.
Also within the past 12 months, UPS has made two acquisitions in the supply chain arena Davis said, during a recent Webcast by UPS.
In keeping with these purchases of Menlo Worldwide Forwarding and Overnite Transportation, UPS has just renamed one of its operating divisions Supply Chain and Freight, said Teresa Finley, vice president of investor relations, also during the call with analysts.
UPS is also paying particular attention right now to the midrange market, according to Davis.
For the complete article, read here.
And finally, UPS has bolstered their online tracking service. The tracking service will allow customers to track both parcel shipments and large heavyweight shipments via the same online platform.
United Parcel Service Inc. has added new features to its enterprise-oriented Trade Direct service, making it possible for retailers, dot-com sites and other enterprises to now track the status of both small packages and large freight around the globe through a single Web-based system.
An upshot of ongoing systems integration work at UPS, the new Web capability is based on a software application known internally as Flex Global View, said Steve Holmes, a UPS spokesperson.
UPS initially deployed Flex Global View in its supply chain services to give corporate supply chain managers insights into the whereabouts of large freight shipments.
But the new feature for Trade Direct customers brings the ability to locate shipments of all sizes, directly from the UPS Web site.
——————————————————————-
Fedex is anticipating handling 5% more packages on the busiest shipping day of this years holiday season, December 12th.
FedEx expects to ship about 8.5 million packages globally on its busiest day on December 12 — about 400,000 more than last year and the most ever for the Memphis, Tennessee-based company.
FedEx’s average daily volume year-round is 6 million packages. The holiday season runs from Thanksgiving through the day after Christmas.
Comments
Subscribe to our free monthly newsletter to have the latest 3PLwire articles delivered directly to your inbox. Just enter your email below:Tell us what you're thinking...