FedEx pension charges bring about a loss in fourth quarter
FedEx Corp reported a $895m net loss in its fourth quarter as a result of changes made to its pension accounting.
Read MoreAuthor: Ian Taylor
Flipkart and Snapdeal may join Amazon in using India Post for same-day deliveries in Bengaluru
Indian e-commerce players Flipkart and Snapdeal may follow Amazon’s lead and use India Post’s metro delivery service to arrange same-day deliveries in the city of Bengaluru.
Read MoreAmazon’s Misener urges US to develop rules for drones operating “beyond visual line of sight”
Paul Misener, Vice President for Global Public Policy at Amazon, will be giving testimony at a US Congress Committee on Oversight and Government Reform hearing today – and he is expected to argue that “the United States should immediately begin to plan and develop rules for small unmanned aerial systems operations that would encompass highly automated flight, beyond visual line of sight”.
Read MoreAmazon leads criticisms of UPU terminal dues system before Congress
E-commerce giant Amazon has called on Congress to help encourage “fair” competition between domestic shippers and those shipping items into the US from abroad.
Read MoreUSPS awards omni-channel payment solutions contract to Vantiv
The United States Postal Service (USPS) has selected Vantiv Inc. to provide a full suite of omni-channel payment solutions.
Read MoreSingPost buys 30% stake in Australia’s Hubbed
Singapore Post (SingPost) has bought a 30% stake in Hubbed, an Australian company which arranges parcel deliveries and returns using a national network of some 680 newsagents.
Read MoreRiver Island teams up with Doddle to offer free returns for online customers
River Island has announced that it is partnering with Doddle to offer free returns for its online customers.
Read MoreIrish Parliament Transport Subcommittee discusses Postal Services Bill
The Communications Regulation (Postal Services) Amendment Bill 2015 – the legislation which will enable the new Eircode to go live – is being reviewed today (17 June) by the Irish Parliament’s (Oireachtas) Select sub-Committee on Communications, Energy and Natural Resources.
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