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In a conference call, the company's chief executive, D. Scott Davis, said U.P.S. was "making good progress" toward concluding a 10-year agreement with DHL, the Deutsche Post express unit, to haul packages by air for DHL within the United States and among the United States, Canada and Mexico.
FedEx's Express unit will raise rates by an average of 6.9percentt, beginning on Jan . 5
In the third quarter, Express unit revenue rose 11 percent from a year earlier.
The company is aiming to trim costs, particularly at the air express unit, where profit slumped about 33 percent.
Among the cutbacks, FedEx said it managed flight hours and reduced fuel consumption by about 5percentt in its Express unit during the quarter.
He said that a reorganization in FedEx's Express unit in the United States, including possible job cuts, could increase earnings in the long run.
Similar(49)
The specific activities were expressed unit per milligramme protein.
Each image includes a scale bar near the bottom expressing units in micrometers.
The service had been operated since 2000 by the Venice Simplon-Orient-Express unit of Orient-Express Hotels Ltd.
Then this difference can be expressed per unit cell or square unit area.
Results are expressed per unit surface area.
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CEO of Professional Science Editing for Scientists @ prosciediting.com