FedEx cuts profit outlook again
Citing “deteriorating economic conditions,” FedEx Corp. on Monday warned for the second time in five weeks that its earnings for its fiscal fourth quarter will fall below earlier forecast.
Read MoreTag: FedEx
Express-delivery JVs Continue to Clash with Postal Bureau Over Delivery Rights
Express-delivery JVs Continue to Clash with Postal Bureau Over Delivery Rights
Read MoreSecuricor Out; FedEx Partners Business Post
Federal Express Corp has given notice to British group Securicor Plc that it is ending a long-running tie-up following its new local distribution agreement with Business Post Group Plc,” according to Humphrey Hodson, Reuters
Read MoreUPS, Postal Service enter joint venture
The U.S. States Postal Service, which lost $199 million in fiscal 2000, has added United Parcel Service to the list of companies it hopes will help improve its efficiency. UPS announced on Thursday that it would offer a range of postal-related services, including presorting and localized printing of mail items. The company joins FedEx Corp., DHL Worldwide Express and Emery Worldwide, among others, that perform sorting or transportation service behind the scenes of mail delivery.
Read MoreUPSs’ filed petitions against DHL
United Parcel Service today announced it has received overwhelming support from elected officials and labor leaders nationwide for its petition to revoke the Foreign Air Freight Forwarding License (FAFF) of DHL Worldwide Express
Read MoreMER Magazine
The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.