Filed in Parcel
Tuesday, October 25, 2011
Quarterly revenue for Big Brown—at $13.2 billion—was up 8.0 percent annually, and operating profit—at $1.61 billion—was up 0.2 percent. Earnings per share—at $1.06—saw a 14 percent year-over-year increase, topping Wall Street expectations of $1.05 per share.
Friday, October 21, 2011
EquaShip aims to provide smaller shippers with cost-savings that are typically only available to large enterprise shippers.
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.
Posted on 10/19 at 10:23 AM
Thursday, September 15, 2011
A week after a Senate committee held a hearing to examine the current state of the United States Postal Service and recent proposals to improve its financial condition, the USPS today announced proposed changes to its network that it said would deliver $3 billion in annual savings.
Posted on 09/15 at 12:14 PM
Wednesday, September 07, 2011
The financial travails of the United States Postal Service were on full display at a hearing hosted by the Senate Committee on Homeland Security and Governmental Affairs yesterday.
Posted on 09/07 at 07:12 AM
Thursday, May 26, 2011
Following a December announcement in which Netherlands-based TNT N.V., a provider of mail and courier services and the fourth largest global parcel operator announced its intentions to “de-merge” operations by separating its Express and Mail operations into two separate companies, the company’s shareholders yesterday signed off on the move.
Monday, May 02, 2011
The company has released JDA Transportation & Logistics Management 6.3.4, which company officials said is the “second phase” of its post i2 acquisition transportation and logistics product roadmap integration plan rolled out in April 2010.
Friday, April 22, 2011
The United States Postal Service (USPS) announced this week it has introduced a new regional ground service for commercial shippers looking for an “economical solution for delivery of small packages.
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.
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Wednesday, April 06, 2011
Upon ratification by union membership in the next two months, this deal will run through May 20, 2015 and impact roughly 205,000 employees, according to USPS officials.