Tag: North America

UPS IT transformation

UPS have spent more than $11 billion renovating its business to operate in the innovative economy. That investment is focused on IT technologies and is apparently almost twice as much as the shipping giant spends on its trucks.

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Postal rates set to rise

Just four months after stamp prices increased by a penny, the U.S. Postal Service’s board of governors overrode the independent Postal Rate Commission and imposed a series of increases affecting priority mail, express mail, periodicals and other items, effective July 1.

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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.

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