Filed in Parcel Shipping
Wednesday, 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.
Monday, 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.
Thursday, 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.
Tuesday, 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.
Thursday, March 10, 2011
Parcel shippers that turn to third-party consultants (3PCs) to help them navigate myriad facets of pricing and rate structures from industry bellwethers FedEx and UPS may eventually find themselves having to fend for themselves when talking dollars and cents with these companies if a Department of Justice (DOJ) investigation finds that FedEx and UPS are colluding to adopt a policy of declining to negotiate with 3PCs acting on behalf of shippers.
Thursday, March 03, 2011
The Postal Regulatory Commission filed an order to conditionally grant a USPS request to transfer Commercial Standard Mail Parcels to the competitive product list.
Monday, February 28, 2011
USPS officials said that this is a formal request to move Commercial First-Class Mail Parcels from the market-dominant product list and add “Lightweight Commercial Parcels” to the competitive product list.
Posted on 02/28 at 08:54 AM
Parcel Shipping •
Monday, February 21, 2011
On the heels of a recently announced $329 million loss for the fiscal first quarter, the United States Postal Service (USPS) recently announced that it has received approval from the Postal Regulatory Commission for rate increases that will take effect on April 17.
Thursday, February 10, 2011
Despite modest gains in volumes, financial issues are still prevalent at the United States Postal Service.
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Wednesday, August 04, 2010
The United States Postal Service (USPS) announced yesterday that Paul Vogel has been brought back into the fold as president, Mailing and Shipping Services.