Pensions restructuring hits UPS profits in third quarter
UPS has seen its profits for the third quarter of the year slashed in half, as it was handed a $559m charge in restructuring employee pensions in New England.
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US direct mail giant urges rethink on Standard Mail pricing
One of the US Postal Service’s major customers has called on regulators to block proposed price increases for Standard Mail next year, as it would mean direct mail customers continuing to subsidise the mailing of catalogues.
Read MoreFedEx forecasts earlier peak for 2012 festive shipping
FedEx has suggested that its busiest day ahead of this year’s Christmas holiday will come two days earlier than last year’s peak.
Read MoreUS law firm sets up specialist postal unit in Washington
US law firm Ford & Huff has opened a new regulatory practice in Washington D.C. that will have a specialism in postal affairs.
Read MoreUSPS urges customers to switch from POSTNET to IMb barcodes
USPS is urging users of its POSTNET barcode system to switch to the new Intelligent Mail barcode (IMb) system if they want to keep all their postage discounts for business mail.
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