Regulators in the United States have approved plans by the US Postal Service to lower its Priority Mail rates for business customers from next month — despite concerns expressed by ground shipping rivals UPS and FedEx.
Read MoreFedEx has had additional charges filed against it by the US federal government in connection to the shipping of illegal prescription drugs from online pharmacies.
Read MoreHalf of the US Senate has signed a letter calling on Congress to block efforts by the US Postal Service to continue downsizing its mail processing network.
Read MoreE-commerce giant Amazon has expanded its same-day delivery service to an additional six cities in the United States.
Read MoreUPS profits have been dented by the restructuring of its healthcare programme, as earnings per share dropped 57% in the second quarter of the year.
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