Parcel

By Jeff Berman · July 12, 2012
While transportation and logistics bellwethers UPS and FedEx are well-established in all corners of the world, one area where their presences could be even greater felt is China.
By Jeff Berman · April 26, 2012
The company’s U.S. Domestic and Supply Chain and Freight segments paced quarterly growth for the company, with 13 and 19 percent gains in operating profit, respectively.
By Jeff Berman · March 15, 2012
Express delivery and logistics services provider DHL said yesterday it has invested $47 million to expand its Americas hub facility at the Cincinnati/Northern Kentucky airport (CVG) in an effort to meet the growing needs of its international shipping customers.
By Jeff Berman · March 7, 2012
A Wall Street Journal report said that talks focusing on UPS trying to acquire the express business of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator “have slowed” due to various issues.
By Jeff Berman · February 24, 2012
USPS officials said subsequent changes related to these studies are a necessary part of a larger comprehensive plan developed by the Postal Service to reduce operating costs by $20 billion by 2015 and return the organization to profitability.
By LM Staff · February 24, 2012
Earlier this month, Seattle-based EquaShip said it is temporarily suspending customer operations in order to re-engineer its transportation network for faster package delivery times, larger geographic coverage, and more service options.
By Jeff Berman · February 17, 2012
Reports out of Europe today are stating that Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator, rejected an offer by UPS for TNT’s express business.
By Jeff Berman · February 16, 2012
UPS said this week it has acquired Brussels-based Kiala, a technology provider with a platform that allows e-commerce retailers (e-tailers) to offer consumers the option of having goods delivered to a convenient retail location.
By Jeff Berman · February 9, 2012
The first quarter of the fiscal year 2012 continued where fiscal year 2011 ended for the United States Postal Service—with a significant loss.
By Jeff Berman · January 31, 2012
Earlier today, transportation and parcel bellwether UPS reported that fourth quarter revenue jumped 6 percent annually to $14.2 billion, and adjusted operating profit was up 17.3 percent at $2.024 billion. Earnings per share at $1.28 saw a 21 percent improvement, topping Wall Street estimates of $1.26 per share.
By Jeff Berman · January 30, 2012
This offering will enable shippers to ship a box—weighing up to 70 pounds—anywhere in the U.S. for one price, $39.95.
By Jeff Berman · January 4, 2012
While it has only been a few months since Seattle-based EquaShip made its entrance into the parcel sector marketplace, the company appears to be highly committed to making itself a cost-efficient alternative for shippers that traditionally turn to the parcel duopoly of FedEx and UPS.
By Jeff Berman · December 14, 2011
The United States Postal Service said yesterday that it has agreed to delay the closing or consolidation of any Post Office or mail processing facility until May 15, 2012.
By Jeff Berman · December 5, 2011
FedEx Ground and FedEx Home delivery rates will increase by a net average of 4.9 percent.
By Jeff Berman · November 23, 2011
USPS officials said that prices for Priority Mail and Express Mail will increase by an average of 3.1 percent and 3.3 percent, respectively, and added that the Postal Regulatory Commission will review the prices before they take effect on January 22, 2012.

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