US regulators greenlight Postal Service rate increases
Regulators in the US have approved increases for US Postal Service rates, now set to come into force on April 17, but face an appeal next month on proposals for higher rate rises.
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UPS Store network arranges $22.5m credit line for franchisees
UPS is hoping to pick up the pace of growth in its UPS Store retail network in the United States, by making it easier for potential franchise owners to get hold of start-up capital.
Read MoreRepublican Senator introduces bill to save US Postal Service
Legislation has been introduced into the US Senate seeking cost savings and financial stability for the US Postal Service.
Read MoreSenator calls for USPS reforms to tackle pension overpayments
US Senator Tom Carper has said more needs to be done to stabilize the “precarious” financial situation at the US Postal Service, beyond the proposals in yesterday’s Presidential Budget.
Read MoreWeather and fuel prices impact on FedEx earnings
FedEx Corporation has confirmed that its financial results have been affected by the weather in the US and Europe, and by higher fuel prices.
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