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POPSFedEx Raises LTL Rates The FedEx Freight and FedEx National LTL rate increases announced in March go into effect April 2, 2007. The FedEx entered the LTL market in the US with the acquisition of Watkins Motor Lines in September 2006 and maintains their LTL division as a separate entity under FedEx Freight. The FedEx/Watkins merger along with UPS's acquisition of Overnite Express, is creating a blurring of lines between LTL and parcel industries by offering longer haul, larger shipment sizes with guarantees in service delivery usually reserved for express services. While increasing service levels, both carriers are also likely to try to use increased LTL service reliability as a way to raise rates in what has been a traditionally rate driven market. Both carriers will also continue to try to merge the Express and Parcel markets through bundled contracting and pricing offers.
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POPSAirline Flight Tracking: FBO Web 3D Fboweb.com has announced an implementation their online flight tracking system that integrates with google earth. This allows you to see in near real time, flight activity at major airports such as Atlanta, LAX, New York JFK and Chicago O'Hare.
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POPSAirbus Posts Record Loss of 572 million Euros Troubles in development and deployment of the A380 continue to impact Airbus and parent company EADS. Cancellations of orders, including all orders for the A380F freighter, by both FedEx and UPS, have forced the European aircraft maker to consider elimination of up to 10,000 jobs as well as spin off of a number of plants throughout Europe.
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POPSChina is the Market... Investment in Chinese supply chain infrastructure continues rapid expansion with DHL announcing a new multi-million dollar investment and FedEx spending 400 mil to buy out their general agent DTW. Walmart meanwhile buys a China hypermart chain with 89 locations. China is the market..no longer just the export factory location.
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POPSFedEx acquires balance of DTW FedEx acquires the remaining 50% of their general agent in China. This does not add domestic capacity, it only changes the ownership to 100% FedEx. Gives them a controlling interest in the international parcel business from China. DTW retains the intra-China business so far as I know.
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