DHL Express U.S. CEO Greg Hewitt discusses his outlook for the company, competition from FedEx and UPS, and holiday shipping plans. He speaks on “Bloomberg Markets.”
FedEx is confident it will successfully take over Dutch peer TNT Express following a failed bid by rival United Parcel Service (UPS) three years ago, the global courier service told CNBC on Tuesday.
“UPS had a different level of concentration of position in the market than FedEx does, so we’re very comfortable that our position in the market with TNT does not create an issue from a competitive standpoint,” explained David Cunningham, executive vice president and chief operating officer of FedEx Express, at the Asia-Pacific Economic Cooperation (APEC) CEO Summit.
The “white glove” delivery market is one of the fastest growing areas of e-commerce, in which drivers are required not only to deliver but unpack and install bulky items in customers’ homes.
Submit a Wish, Spread Goodwill, Find Helpful Holiday Tools
When civil rights activist Bob Brown learned how many school children in Africa didn’t have access to school books, he set out to change the world – one book at a time. Brown’s International BookSmart Foundation has donated more than 5 million books to children throughout Africa.
Thanks to UPS’s Wishes Delivered campaign, Mr. Brown’s book inventory now has been organized via a major warehouse makeover by UPS, which also will ship more than 180 tons of additional books to schools across Africa over the next three years. See how Mr. Brown is making a difference.
Pack and Ship Guarantee, Mailboxes and Other Services Help Reduce Stress of the Season
The holidays come with a long “to-do” list but packing gifts and hauling luggage shouldn’t be part of it. At more than 4,500 locations across the U.S., The UPS Store Certified Packing Experts® and the Pack & Ship Guarantee* can help deliver “Holidays Made Easy.”