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FedEx Acquires Kinko's  
User currently offlineLatinAviation From United States of America, joined Nov 2003, 1277 posts, RR: 15
Posted (10 years 9 months 3 weeks 6 days 1 hour ago) and read 1562 times:

Must be a competitive response to UPS' purchase of Mail Boxes Etc. Detailed press release can be found here:

http://biz.yahoo.com/bw/031230/305086_1.html

22 replies: All unread, jump to last
 
User currently offlineTiger119 From United States of America, joined Sep 2003, 1919 posts, RR: 0
Reply 1, posted (10 years 9 months 3 weeks 5 days 20 hours ago) and read 1359 times:

UPS purchased Mail Boxes, Etc. about a year or so ago, didn't they?


Flying is the second greatest thrill known to mankind, landing is the first!
User currently offlineRiverVisualNYC From United States of America, joined Nov 2003, 930 posts, RR: 3
Reply 2, posted (10 years 9 months 3 weeks 5 days 19 hours ago) and read 1274 times:

Gives new meaning to "copy that."

User currently offlineYyz717 From Canada, joined Sep 2001, 16307 posts, RR: 56
Reply 3, posted (10 years 9 months 3 weeks 5 days 18 hours ago) and read 1195 times:

UPS purchased Mail Boxes, Etc. about a year or so ago, didn't they?

Correct. This Fedex move seems to be in response to the UPS purchase. Frankly, I don't really see much synergy between a courier company and a business service centre that focuses on photocopying etc.




Panam, TWA, Ansett, Eastern.......AC next? Might be good for Canada.
User currently offlineGigneil From United States of America, joined Nov 2002, 16347 posts, RR: 85
Reply 4, posted (10 years 9 months 3 weeks 5 days 18 hours ago) and read 1185 times:

Other Neil is quite right. Mail Boxes was a very strategic move.

Kinkos, while they offer shipping materials, is not really known for it, and I don't think they offer much shipping services.

N


User currently offlineFlairport From , joined Dec 1969, posts, RR:
Reply 5, posted (10 years 9 months 3 weeks 5 days 18 hours ago) and read 1128 times:

Well, FedEx wil lhave one advantage if they get their shipping up, Kinkos is open 24 hours! Now I can ship my FedEx package at 2am!


P.S. don't mean to be a spoiler, but how does this deal with civil aviation?


User currently offlineSrbmod From , joined Dec 1969, posts, RR:
Reply 6, posted (10 years 9 months 3 weeks 5 days 18 hours ago) and read 1089 times:

P.S. don't mean to be a spoiler, but how does this deal with civil aviation?


View Large View Medium
Click here for bigger photo!

Photo © Craig Murray




Kinko's will be a sister company to the cargo airline.


User currently offlineOkie From United States of America, joined Jul 2003, 3100 posts, RR: 3
Reply 7, posted (10 years 9 months 3 weeks 5 days 18 hours ago) and read 1088 times:

I think its a great move, total resources for a small mom and pop operation to an easy drop off center for late packages for any business. I can tell you from experience that the cost of doing business with FEDEX is generally a lot cheaper than UPS due to hidden service fees, pickup fees, accounting fees etc, unless you are a very large user of UPS.
The price for Kinko's seems a little high but you are going to have to pay for some blue sky to purchase an successful business already in operation rather than starting your own from the ground up.
And on the light side: Damage a DC-10 just rundown to Kinko's and copy another one. Short a F/O well go to Kinko's, you get the idea.


User currently offlineRiverVisualNYC From United States of America, joined Nov 2003, 930 posts, RR: 3
Reply 8, posted (10 years 9 months 3 weeks 5 days 17 hours ago) and read 1022 times:

Pity that at least here in NYC, Kinko's staff are pretty inept, often have no idea how to work their own equipment. Maybe FedEx will make them get a type rating on that HP Color Laser printer!!!!

User currently offlineMarkus From United States of America, joined May 1999, 275 posts, RR: 0
Reply 9, posted (10 years 9 months 3 weeks 5 days 16 hours ago) and read 968 times:

Kinkos employees will soon be FedEx employees...I have a feeling you will soon see an increase in the degree of professionalism and training at stores. Now...let's get my that stock price up!!  Big grin
Cheers,
Markus


User currently offlineStartvalve From , joined Dec 1969, posts, RR:
Reply 10, posted (10 years 9 months 3 weeks 5 days 16 hours ago) and read 958 times:

Ok so if Kinkos employees are going to become FedEx employees does that mean UPS store employees are UPS employees? If yes when will the teamsters come in and hike the pay rates, improve the benefits and make it possible for them to do even less at work. Hey I better get my job back at one of those ripoff palaces if thats gonna happen..

Don't send your UPS stuff at the UPS store, their rates are so high they should buy you a drink first.


User currently offlineDc10guy From United States of America, joined Feb 2000, 2685 posts, RR: 6
Reply 11, posted (10 years 9 months 3 weeks 5 days 16 hours ago) and read 951 times:

Hey Startvalve, Sounds like they did the right thing when they fired you. I'm glad they didn't have a union when you where working there. Flairport, Hate to be a spoiler but .... This is the non aviation forum....


Next time try the old "dirty Sanchez" She'll love it !!!
User currently offlineCommander_Rabb From United States of America, joined Feb 2000, 771 posts, RR: 7
Reply 12, posted (10 years 9 months 3 weeks 5 days 15 hours ago) and read 939 times:

Frankly, I don't really see much synergy between a courier company and a business service centre that focuses on photocopying etc.

There is tremendous fit between the two. It's called location and ease to mail items via FedEx 24 hours a day. Guess that's why your not the head of UPS or FedEx.

Smith, nothing more to say than thanks for making life simpler.





User currently offlineFunFlyer From United States of America, joined Aug 2003, 866 posts, RR: 0
Reply 13, posted (10 years 9 months 3 weeks 5 days 15 hours ago) and read 929 times:

Hey FLAIRPORT if we were in civil aviation! check where you are!


Who cares about status?
User currently offlineStartvalve From , joined Dec 1969, posts, RR:
Reply 14, posted (10 years 9 months 3 weeks 5 days 13 hours ago) and read 904 times:

DC10gay I didn't get fired I quit. 1200 miles is a long fucking commute.

User currently offlineBeefer From United States of America, joined Jun 2003, 390 posts, RR: 0
Reply 15, posted (10 years 9 months 3 weeks 5 days 11 hours ago) and read 887 times:

Just a note for you guys (Dc10guy/FunFlyer) who are ragging on FLAIRPORT.

This post was originally posted in the Civil Aviation Forum and now it has magically moved over to the Non-Aviation side.

Calm down a little bit.


User currently offlineYyz717 From Canada, joined Sep 2001, 16307 posts, RR: 56
Reply 16, posted (10 years 9 months 3 weeks 5 days 9 hours ago) and read 874 times:

There is tremendous fit between the two. It's called location and ease to mail items via FedEx 24 hours a day. Guess that's why your not the head of UPS or FedEx.

Well, smartass.....Kinko's has already had Fedex drop boxes for years...I fail to see what other Fedex services can be provided at Kinko's outlets.

You're right....I'm not head of Fedex or UPS....but I'll bet your bottom dollar I'm closer to the top than you. So perhaps keep your personal comments to yourself.




Panam, TWA, Ansett, Eastern.......AC next? Might be good for Canada.
User currently offlineCommander_Rabb From United States of America, joined Feb 2000, 771 posts, RR: 7
Reply 17, posted (10 years 9 months 3 weeks 5 days 7 hours ago) and read 861 times:

I think what needs to be explained is that the FedEx and Kinko's combination will substantially increase the retail presence worldwide and will enable both companies to take advantage of growth opportunities. All 1,200 Kinko's locations worldwide, including more than 400 that operate 24 hours a day, seven days a week - will offer new or expanded FedEx shipping options for greater customer convenience.

It's all about customer service and since both companies share very similar corporate philosophies you can now see why it is such a great fit. Clayton, Dubilier & Rice (CD&R), is a global private equity investment firm that owns approximately 75 percent of Kinko's outstanding shares. CD&R will get a cash payment of 2.4 billion from FedEx. An excellent return for CD&R's investment!


Pretty simple to figure out that it is a great opportunity for both companies.

Yes, it's nice being on top of things for ones own portfolio.







User currently offlineYyz717 From Canada, joined Sep 2001, 16307 posts, RR: 56
Reply 18, posted (10 years 9 months 3 weeks 5 days 7 hours ago) and read 857 times:

All 1,200 Kinko's locations worldwide, including more than 400 that operate 24 hours a day, seven days a week - will offer new or expanded FedEx shipping options for greater customer convenience.

All Kinko's worldwide already have Fedex drop boxes. It's a worldwide program. I fail to see how this will generate addl business for Fedex.



Panam, TWA, Ansett, Eastern.......AC next? Might be good for Canada.
User currently offlineCommander_Rabb From United States of America, joined Feb 2000, 771 posts, RR: 7
Reply 19, posted (10 years 9 months 3 weeks 5 days 7 hours ago) and read 851 times:

As Kinko’s exclusive shipping provider since 1988, FedEx currently operates full-service, staffed counters in 134 Kinko’s stores, accepting both time-definite express and day-definite ground shipments. This full range of shipping services will now be offered in all Kinko’s stores, greatly increasing FedEx Ground retail access in the United States and Canada, and improving the retail presence for FedEx Express in key international markets.

This is just one of the reasons. Hope that helps you.


User currently offlineYyz717 From Canada, joined Sep 2001, 16307 posts, RR: 56
Reply 20, posted (10 years 9 months 3 weeks 5 days 7 hours ago) and read 846 times:

That's already offered worldwide, as I said. So what will change? Specifically, what incremental Fedex service will be offered at Kinko's? All you've outlined is what is available already.

This is just one of the reasons. Hope that helps you.

What are the other reasons?






Panam, TWA, Ansett, Eastern.......AC next? Might be good for Canada.
User currently offlineBuckfifty From Canada, joined Oct 2001, 1316 posts, RR: 20
Reply 21, posted (10 years 9 months 3 weeks 5 days 4 hours ago) and read 837 times:

Fedex = Good service.
Kinkos = Bad service.

Total = Service hampered by some poor old uni schmuck who hasn't slept for 42 hours doing two projects while simultaneously trying to answer questions from customers wondering why their PC disk won't work on Macs on top of figuring out how to work that package scanner thing-a-ma-jig.


User currently offlineFanoftristars From United States of America, joined Jul 2000, 1609 posts, RR: 5
Reply 22, posted (10 years 9 months 3 weeks 4 days 23 hours ago) and read 829 times:

I work in the quick print/copy industry for AlphaGraphics, and I can attest that this has the foundation to be a great success. (This announcement also explains why our location in Memphis is showing slowing sales to the Fedex giant) The industry is moving towards global sourcing. Many of our print locations are handling customers via the web and then shipping to the customer's locations througout the world. As bad as Kinko's reputation for poor employees have been, Kinko's has been very successful and so has Fedex.

This could very well be a good textbook example of synergizing that our college professors always dreamed about. Both companies need to keep their individual brands (not the homoginization mess that the UPS-Mailboxes buyout is) in order to be successful. Both Fedex and Kinkos have been moving towards offering more and more services for businesses, and this is a step in the right direction.

UPS buys Mailboxes,
Fedex buys Kinkos,
I hope Airborne Express doesn't buy Alphagraphics!



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