USPS announces further losses
USPS has reported a net loss of $255m for November, and a $476m net loss for October and November, the first two months of its 2010 fiscal year, reports DM News.
Read MoreTag: USA
Presort Solution achieves USPS approval
Presort Solutions has achieved USPS Full Service IMB mailing approval using BÖWE BELL + HOWELL (BBH) NetSort software.
Read MoreState of Illinois offers UPS $24m
The State of Illinois is offering UPS a $24m investment package in a move that will save 3,000 jobs, reports ABC.
Read MoreLawmaker wants USPS electric push
US Representative Jose E. Serrano introduced a bill intending to get USPS to switch its huge fleet of light vehicles to electric, partly to help clean up the air and also to help recharge the nation’s electric grid, the Washington Post reported.
Read MoreFedEx see drop in revenue and net income for Q2
FedEx revealed a drop in revenue of 10% and a drop in net income of 30% for its second quarter, in comparison to 2008 levels.
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