Our Industry

Fedex in talks to buy France’s TATEX

Published by Reuters FedEx Corp (FDX.N) said on Tuesday it is in talks to possibly buy French express company TATEX, less than two weeks after announcing plans to buy family-owned Polish shipping company Opek Sp. Z o.o., as it expands in Europe with small takeovers. FedEx, the world’s No. 2 package delivery company, has said it plans to grow organically and through small “tuck-in” purchases in Europe, where it expects a mild recession.

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Mexico: Invertirá DHL 35 mdd en el país en nuevo centro de distribución

La empresa de mensajería y paquetería DHL invertirá 35 millones de dólares en un nuevo centro de distribución en México, informó Felipe Silva, vicepresidente de DHL Express. El recinto, también conocido como hub, se localizará en Tres Ríos, Cuahutitlán Izcalli y será automatizado, previendo que se inaugure en el segundo semestre de 2011, con capacidad de mover 200 mil paquetes al día, el doble que traslada la empresa.

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UPS Reaches Deal for TNT Express

United Parcel Service Inc. reached an agreement to acquire Dutch rival TNT Express NV in a $6.8 billion deal that cements UPS’s position as a leading package-shipping company in Europe. Under the terms of the deal announced Monday, UPS plans to pay €9.50 ($12.51) a share, or €5.16 billion, for TNT Express.

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Knowledge As Catalyst For Customs Excellence

Long before delegates to the 2011 World Customs and Trade Forum held by the World Customs Organisation (WCO) in Guangzhou, China from November 24 to 25, 2011, came out with a communiqué on the importance of knowledge as a catalyst for Customs excellence, the Nigerian Customs Service (NCS) had since recognised this fact.

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Absolutely, Positively: How FedEx delivers- MSNBC 02.15.12

To see how FedEx works, Rock Center traveled to the company’s Memphis, Tenn., hub. The sprawling 900-acre complex looks like a military base and even has its own air force with 690 aircraft. Rock Center anchor and managing editor Brian Williams talks to FedEx founder and CEO Fred Smith about how he turned a college paper on overnight delivery into a successful business.

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