Parcel Shipping

By Jeff Berman · August 12, 2013
Last week, Rotunda Capital Partners, a middle market private equity firm, announced it sold off global logistics services provider Worldwide Express to an investment group, which included a significant investment from Worldwide’s management team.
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 · 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 · November 16, 2011
Financial issues for the United States Postal Service (USPS) remain front and center, with this week’s announcement that for Fiscal Year 20111 the USPS had a net loss of $5.1 billion.
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By George Kokoris · November 10, 2011
As companies look to streamline operations, improve efficiency and wring costs out of their supply chains, one of the most exciting opportunities for improvement is the inbound shipment of small parcels.
By Jeff Berman · October 21, 2011
EquaShip aims to provide smaller shippers with cost-savings that are typically only available to large enterprise shippers.
By Jeff Berman · 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.
By Jeff Berman · 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.
By Jeff Berman · 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.
By Jeff Berman · April 6, 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.
By Jeff Berman · 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.
By Jeff Berman · March 28, 2011
According to the PRC, the USPS advised it that due to falling mail volumes and revenues it is considering eliminating Saturday mail collection and delivery except for Express Mail and existing post office box service.
By Jeff Berman · March 17, 2011
Net income for the quarter—at $231 million—was down 3 percent from last year’s $239 million, but quarterly revenue at $9.66 billion was up 11 percent from last year’s $8.70 billion. Operating income—at $393 million—was down 6 percent year-over-year.
By Jeff Berman · March 15, 2011
USPS officials said that upon ratification by union membership-expected-in the next two months, this deal will run through May 20, 2015 and impact roughly 205,000 employees.

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