Planes, Trucks and 7.5 Million Packages: FedEx's Big Night

Article Abstract:

FedEx spends every mid-December in a frenzy of shipping activity at its Memphis, TN airport hub. On Dec. 15, 2003, things were no different as 7.5 million packages were shipped to Memphis and coordinated for national and international deliveries. A normal day usually handles 5 million packages. There were 155 planes, an increase of 20 arrivals that were needed to bring 150,000 packages in that night. Every year it is known as peak night because it launches the holiday shipping routine that continues non-stop until Christmas and requires an additional 1,000 seasonal employees. The logistics for the holiday season require several contingency plans to provide extra planes, trucks and personnel to accommodate changes caused by weather and airport problems. The company, which generates $23 billion annually, employs 12 full-time meteorologists to insure it is prepared for any weather emergency.

Airports, flying fields, & services, Airports, Airport Operations, Labor Distribution by Employer, Economic aspects, Statistics, Holidays, Christmas business, Memphis, Tennessee, Memphis International Airport

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FedEx Moves to Expand With Purchase of Kinko's

Article Abstract:

FedEx Corp. will acquire Kinko's Inc., the copying center chain, for $2.4 billion. The FedEx strategy is to expand its own business with small and mid-size companies that already use Kinko's services. Investment analysts were somewhat surprised by the acquisition move since FedEx already operates counters in 134 of the 1,200 copying center stores. They expected FedEx to concentrate more on expanding overseas business. Clayton, Dubilier and Rice, which owns 75% of Kinko's, is happy to unload the company because it failed to take it public after acquiring it in 1996, but will achieve a 300% gain, or $1.5 billion, on its investment which was $500,000,000.

Acquisitions & mergers, Financial management, Management dynamics, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, HOLDING AND OTHER INVESTMENT OFFICES, Other Business Service Centers (including Copy Shops), Photocopying & duplicating services, Document Reproduction Services, Blueprint & Photocopy Svcs, Banking industry, Management, Mergers, acquisitions and divestments, Finance, Company acquisition/merger, Company business management, Company financing, Clayton, Dubilier & Rice Inc., Copying services, FedEx Kinko's Office and Print Services, JPMorgan Chase & Co., Smith, Frederick W., Orfalea, Paul

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Big Office Supply Retailers Try to Build a Smaller Box

Article Abstract:

The largest office-supply retailers, Staples, Office Depot and OfficeMax, have shifted their focus away from consumers toward the more profitable small-business client, and are trying to differentiate themselves. Most analysts see more similarities than differences between the three, although Staples is the largest and most profitable and plans to expand beyond its core region next year, Office Depot is strong in emphasizing high-tech products, and OfficeMax is introducing special services for business customers.

Office machines, not elsewhere classified, Marketing procedures, Analysis, Office equipment and supplies industry, Office equipment industry, Marketing, Office Depot Inc., OfficeMax Inc., Staples Inc., Business-to-business market, Business to business market, Company marketing practices

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