The US$50 billion US domestic and international heavy freight industry is highly fragmented, with the top 5 percent of freight forwarders controlling approximately 50 percent of the market, according to Jim Hartigan, president and CEO of newly formed Integres Global Logistics.
Read MoreUnited Parcel Service may join FedEx Corp.’s request that the U.S. Department of Transportation defer a renewal of DHL Airways’ authority to fly between the United States and Mexico pending completion of an informal review of DHL’s ownership status
Read MoreThe U.S. Postal Service will continue delivering mail six days a week, its board chairman said Tuesday.
Read MoreThe Postal Service has decided to continue delivering mail six days a week. Facing losses that could approach $2 billion this fiscal year, the agency had been considering cutting back to five days, eliminating Saturday deliveries.
But, after a preliminary study, the postal Board of Governors decided to drop the plan.
Amtrak [national railway] is branching out in pursuit of new income to stay in business, from souvenirs to cell phone service, real estate development to express package delivery. Last year, Amtrak’s Mail and Express division generated dlrs 122 million – 6 percent of the railway’s total revenue.
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