FedEx net off in 3Q
FedEx Corp. said earnings slid five percent in the third quarter, and warned that “market conditions have deteriorated” more than was expected just a few months ago.
Read MoreTag: North America
FedEx suffers slump in services
Profits at FedEx fell 5 per cent in the fiscal third quarter as demand for express package-delivery services slumped amid a broad slowdown in the US economy
Read MoreUSPS Warns It May Cut Back Delivery to Save Money
Universal delivery of mail or six-day delivery may become a thing of the past if the U.S. Postal Service doesn’t get more flexibility to adjust prices, a postal official warned
Read MoreDHL denies planning U.S. expansion
The road-based delivery services of DHL Worldwide Express are not going to
be widened on a major scale solely within the US
Postal Service-FedEx Deal Would Increase Costs, Lawsuit Says
A $6.3 billion no-bid contract awarded to FedEx Corp. by the U.S. Postal Service will increase the cost of transporting mail by between $443 million and $1.17 billion over the life of the agreement, according to documents filed in a lawsuit by a FedEx competitor
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