USPS future hangs in balance after $3.5bn loss revealed
The future of USPS is uncertain after the company ended Q3 of its fiscal year 2010 with a net loss of $3.5bn.
Read MoreTag: USA
Southern Air opts for DHL partnership
DHL has been chosen by Southern Air – a US-based cargo airline – as its preferred international express delivery provider.
Read MoreLawmakers look to halt US five-day service
US lawmakers have moved to block plans by the cash-strapped USPS to save billions of dollars by eliminating mail delivery service on Saturdays, reports Bloomberg.
Read MoreFedEx increases earnings outlook
FedEx expects earnings to be in the range of $1.05 to $1.25 per diluted share for the first quarter ending August 31, up 81% to 116% from $0.58 per diluted share a year ago.
Read MoreUPS looks to improve fuel efficiency
UPS has set a new automotive goal to improve the miles per gallon (MPG) performance of its entire US package delivery fleet by 20% between 2000 and 2020.
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