Filed in Parcel
Friday, May 10, 2013
Following a $1.3 billion net loss in the fiscal first quarter, the USPS said its second quarter net loss was $1.9 billion. These losses follow a fiscal year 2012 loss of $15.9 billion.
Posted on 05/10 at 11:19 AM
Thursday, April 11, 2013
The United States Postal Services’ (USPS) desire to eliminate Saturday delivery—as part of an effort to become financially solvent—is not likely to come to fruition.
Posted on 04/11 at 08:57 AM
Wednesday, March 27, 2013
TNT Express, a Netherlands-based provider of mail and courier services and the fourth largest global parcel operator, said this week it is making several moves to improve profitability between now and 2015.
Thursday, January 31, 2013
Transportation and parcel bellwether UPS reported today that fourth quarter revenue increased 2.3 percent annually to a record $14.57 billion, and adjusted operating profit saw a 41 percent gain to record $2.05 billion. And earnings per share at $1.32 saw a 3 percent gain, falling short of Wall Street estimates of $1.38 per share.
Posted on 01/31 at 11:00 AM
Monday, January 14, 2013
Expected decision to nix the deal halts UPS' plans for significant European expansion
Friday, January 11, 2013
Join our panel of leading economic and transportation analysts as they share their exclusive insight on where rates and capacity are headed over the next 12 months across all modes.
Tuesday, January 08, 2013
While many large retailers were expressing relief that the “fiscal cliff” had been avoided last week, smaller shippers were less than content
Friday, January 04, 2013
USPS Postmaster General Patrick Donahoe pointed out that the 112th Congress adjourned without passing postal legislation, which he said could quickly restore the USPS to profitability and put it on stable, long-term financial footing
Posted on 01/04 at 10:11 AM
Wednesday, December 12, 2012
DHL U.S. CEO provides LM with an update of its expansion in Miami and recent Global Buyer Initiative update.
Posted on 12/12 at 02:35 PM
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Friday, November 16, 2012
The financial outlook for the United States Postal Service (USPS) remains dim, with this week’s announcement that it incurred a record net loss of $15.9 billion for fiscal year 2012, compared to a $5.1 billion loss in fiscal year 2011.