Best Way Technologies News
Dimensional Weight Replaces Oversize in for UPS in 2007
November 21st, 2006 | Posted in ProductsBest Way’s ProShip Will Support The Change When It Takes Effect In January
Oversize charges for larger packages shipped via UPS Ground services will be replaced with a simpler rate calculation based on dimensional weight.
Best Way Technologies’ ProShip Unified Shipping Software will support this change immediately when it takes effect on January 1, 2007.Demensional weight will only apply to UPS Ground packages measuring three cubic feet (5,184 cubic inches) or larger. Packages measuring less than three cubic feet will continue to be billed based on actual weight. As a result of this change, dimensional weight charges will gradually increase as the package size increases, eliminating significant steps from one Oversize tier to the next.
EBay Shippers Generated $1 billion in USPS postage
November 7th, 2006 | Posted in IndustryUnited States Postmaster General John Potter says eBay shippers have generated more than $1 billion of postage since the two started working closely together more than two years ago.
USPS provides priority mail flat-rate boxes, as well as a “shoe box” it launched this year in response to demand by eBay sellers. The box comes with an eBay and USPS logo.
Priority mail revenue alone was up 9.2 percent in the first nine months of the fiscal year ended Sept. 30.
UPS to Offer New International Delivery Options
November 7th, 2006 | Posted in ProductsATLANTA - UPS Inc. is guaranteeing early morning delivery of goods to more international destinations as it seeks to increase revenue in emerging markets, the carrier said Tuesday.
UPS said it will begin offering three, rather than one or two, daily time-definite delivery options to and from certain global markets.
UPS said it will now offer 9 a.m. delivery guarantees from U.S. points to 30 countries instead of 23. The new countries are Australia, China, India, Japan, South Korea, Thailand and Indonesia.
FedEx Switches Plane Order to Boeing from Airbus; UPS Also Considering Canceling Its Airbus Purchase
November 7th, 2006 | Posted in IndustryFedEx has terminated an order to buy 10 of Airbus’ flagship plane, theA380-800F aircraft, according to Reuters news service.
Instead, FedEx ordered 15 Boeing 777 Freighter aircraft and took options to purchase 15 more.
FedEx said it expects to take delivery of four Boeing 777s in 2009, eight in 2010 and the remainder in 2011. At a list price of $232.5 million to $240 million each, the order will be worth at least $3.48 billion to Boeing.
Carriers Pay Hefty NYC Parking Ticket Fines;UPS paid $18.7 Million Last Year; Fed Ex $8.2 Million
September 5th, 2006 | Posted in IndustryNEW YORK — The Associated Press — On a narrow street in lower Manhattan’s financial district, Godvell Merilus pulls his UPS truck alongside a curb and parks illegally.
Like the nearby Poland Spring and FedEx drivers, Merilus doesn’t have a choice. There are no legal spaces, and he has a demanding schedule to keep, delivering hundreds of packages to corporations such as Goldman Sachs and Citibank.
Then the inevitable comes wrapped in a blaze-orange envelope: Merilus gets a $115 parking ticket, one of four he receives this day.
“It’s automatic,” said Merilus, 34. “There is not a single day I don’t get a summons.”
FedEx completes Watkins Purchase
September 5th, 2006 | Posted in IndustryFedEx Corp. announced it has completed the $780 million cash purchase of the LTL operations of Watkins Motor Lines and certain affiliates. A privately held company based in Lakeland, Fla., Watkins Motor Lines is a leading provider of long-haul LTL services with more than $1 billion in annual revenue.
UPS Plans $1 Billion Expansion of Louisville facility; Anticipating Strong Growth in Global Commerce
May 18th, 2006 | Posted in IndustryUPS, Inc. announced that it is expanding its mail air hub in anticipation of strong growth in global commerce. It is adding 1.1 million square feet to its Worldport facility in Louisville, Ky.
The company said the $1 billion expansion will create 5,000 jobs. The hub’s sorting capacity will grow by 60% in the next five years and be able to handle 487,000 packages per hour.
DC-CAFTA Free Trade Agreement Expected To Boost Exports; Textiles, Clothing and Processed Crops Seen as Receiving The Most Benefit
May 18th, 2006 | Posted in IndustryThe Dominican Republic and five Central American countries recently signed a free trade agreement with the United States that could boost their combined exports to the United States by as much as 28 percent after implementation, especially in textiles, clothing and processed crops, according to a new International Monetary Fund report. The U.S. International Trade Commission has previously estimated a 12.5 percent increase after the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA) is fully implemented, as reported in the Latin Business Chronicle.
