Pitney Bowes Completes Acquisition of PSI Group
1 August 2002 Pitney Bowes has bought PSI Group a major Pre Sort mailer in the US for $130m
Read More1 August 2002 Pitney Bowes has bought PSI Group a major Pre Sort mailer in the US for $130m
Read MoreUnited Parcel Service Inc. (UPS), in a move that will heighten the competition for ground deliveries, is rolling out money-back guarantees for all U.S. residential shipments through its far-flung trucking system, The Wall Street Journal learned Wednesday.
The new UPS guarantees, taking effect Thursday, are the biggest enhancement to service commitments of the world’s largest package carrier since it began guaranteeing all U.S. business-to-business shipments in 1998.
The residential-shipment guarantee could help UPS blunt a growing ground attack from FedEx Corp. (FDX), which already offers a money-back guarantee on ground-based home deliveries and has seen its ground-delivery volume grow at a much faster rate than UPS during the past five quarters. FedEx’s home-delivery operation reaches 90% of the U.S. population, according to a company spokeswoman, but is accelerating its expansion to the rest of the country.
The Mailers Council, the nation’s largest coalition of mailers and mailing associations, today urged the Senate to pass S 2754, a bill that calls on the White House to create a presidential commission to evaluate the financially-ailing United States Postal Service (USPS).
Introduced by Senator Susan M. Collins (R-ME), S 2754 calls for the president to create an 11-member commission. To ensure the commission’s independence, the bill would prohibit any postal stakeholders–employees, managers or competitors–from being commission members.
Recognizing the need to ensure that employee concerns are duly considered, the bill would require that at least one commissioner be a union representative (but not one representing postal employees or competitors).
Read MoreIn July I am captivated by bicycle racing, specifically the Tour de France. I am in awe of athletes who can perform at that level in a three-week endurance test over more than 3,000 kilometers, and I have come to appreciate the strategy, planning and subtle skills demanded by a sport where individuals excel but can’t win without their team.
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Competing in the Tour de France has been compared to running 20 marathons in 20 days. If the Tour is not the most grueling, most demanding athletic event in the world, what is?
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On top of which, the saga of Lance Armstrong is one of the most incredible and thrilling stories in all of sports – and perhaps in all of life. Armstrong, who is on the verge of winning his fourth consecutive Tour de France, recovered from a metastasized cancer that kills two-thirds of patients within a year to become probably the greatest bicycle racer ever.
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But there is one thing I don’t understand: How come the U.S. Postal Service (that is, the Post Office) sponsors a pro bicycle racing team?
Exel plc, the British third-party logistics service provider, said that Goodyear Tire & Rubber Co. has appointed Exel as its lead logistics provider, coordinating its logistics operations in North America.
Goodyear, based in Akron, Ohio, has been working with Exel since 1996. No terms of the new contract were disclosed.
“This move will expand Exel’s reach into our supply chain network beyond its current effective management of our distribution centers,” said John Loulan, vice president for operations, manufacturing and supply chain in North America at Goodyear.

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