Filed in Express
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.
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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.