Tag: USA

US Postal Reform Would Get Big Boost With White House Backing

Postal reform could move ahead provided it receives strong backing from the White House, the chairman of the House of Representatives committee that includes oversight of the U.S. Postal Service told attendees yesterday at the Direct Marketing Association’s 2003 Government Affairs Conference here. “If the White House is not willing to go with it, I just think it’s going to be very difficult [to get a bill passed] on the Hill,” said Rep. Tom Davis, R-VA, chairman of the Government Reform Committee. “Without them pushing it, without our leadership response to that, you’re just not going to get Congress eager to make decisions [such as closing] post offices and to start angering interest groups.”

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US DOT extends deadline for DHL decision

The U.S. Department of Transportation announced Monday that it has set Oct. 31 as the deadline for the administrative law judge hearing the DHL Airways ownership case to reach a decision. Chief administrative law judge Ronnie L. Yoder had requested an extension until Nov. 24. The original DOT deadline was set at Sept. 2.

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UPS Board Sets Dividend

The Board of Directors of UPS, at its regularly scheduled meeting, today declared a quarterly cash dividend of 21-cents per share on all outstanding Class A and Class B shares. The dividend is payable on June 3, 2003, to shareowners of record on May 19, 2003.

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DPD (Germany) to Boost Express Services

Deutscher Paketdienst (DPD), the German parcel forwarding specialist, intends to boost its express delivery services as part of its strategic alliance with US express delivery group Federal Express. The two companies signed a co-operation agreement last July.

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