Filed in Express

Wednesday, October 19, 2011

At a time when it is facing myriad financial headwinds, the United States Postal Service (USPS) announced yesterday that it has raised prices for various services and products, effective January 22, 2012.

Tuesday, June 21, 2011

Earlier this month, an investment group led by Bradley S. Jacobs, an entrepreneur and founder and owner of Jacobs Private Equity LLC, and Express-1 Expedited Solutions, a non-asset-based third party logistics (3PL) transportation services provider, said they have entered into an agreement in which Jacobs and a group of co-investors will invest up to $150 million in cash in Express-1.

Monday, April 11, 2011

Entitled UPS SurePost, this service is a “contract-only service that combines the consistency and reliability of the UPS Ground network, from pickup through transferring to the Post Office, with the cost benefits of using the United States Postal Service (USPS) for final delivery," according to company officials.

Friday, April 01, 2011

Company officials said this move is driven by a need to reduce the impact of its delivery vehicles on the environment. The new fleet is comprised of 80 vehicles, with 30 American-made, battery powered electric vans and 50 hybrid trucks that will be on Manhattan streets by September.

Wednesday, March 30, 2011

Like its top competitor UPS said at the end of 2010, FedEx recently stated that it is not considering acquiring the express business of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator, according to a Dow Jones report.

Tuesday, March 29, 2011

FedEx Express launched a new dedicated 777F route connecting FedEx World Hub in Memphis, Tennessee to South Korea with four nonstop flights a week. And UPS launched four direct flights from Hong Kong to Europe this week, which, it said, enables the company to offer the widest next-day delivery package for packages and heavy freight to Europe from Hong Kong.

Thursday, March 10, 2011

Parcel shippers that turn to third-party consultants (3PCs) to help them navigate myriad facets of pricing and rate structures from industry bellwethers FedEx and UPS may eventually find themselves having to fend for themselves when talking dollars and cents with these companies if a Department of Justice (DOJ) investigation finds that FedEx and UPS are colluding to adopt a policy of declining to negotiate with 3PCs acting on behalf of shippers.

Thursday, March 03, 2011

The Postal Regulatory Commission filed an order to conditionally grant a USPS request to transfer Commercial Standard Mail Parcels to the competitive product list.

Thursday, December 16, 2010

A combination of factors led to net income for the fiscal second quarter at FedEx to drop 18 percent to $283 million, according to the company’s earnings announcement today.

Friday, December 03, 2010

Netherlands-based TNT NV, a provider of mail and couriers services and the fourth largest global parcel operator, said it plans to “demerge” operations by separating its Express and Mail operations into two independent companies. Company officials said that the main reasons for an internal separation are the increasingly divergent strategic profiles of the two units and the limited existing synergies between them.