The House Rules Committee late last night voted against giving the U.S. Postal Service $500 million to pay for mail sanitation equipment.
The 8-2 vote killed an amendment to an $20 billion Defense Department appropriations bill that would have been the first installment of funds on the $3 billion that Postmaster General John Potter requested to help pay for equipment to rid the mails of biological agents such as anthrax.
German logistics group Stinnes is planning to strengthen the activities of its transport subsidiary Schenker next year according to chairman Wulf Bernotat. This will involve acquisitions in the US.
Read MoreFor the second consecutive year FedEx has won the Best Transportation Web Site award in the Web Marketing Association’s 2001 WebAwards, in addition to winning Best Portal Web Site and Standard of Excellence honors. Also, eWeek ranks FedEx No. 2 in its annual list of leading e-business innovators, just behind General Electric, in its recently published FastTrack 500.
Read MoreFedEx Corp. Chairman Frederick Smith says his company is engaged in one of the most significant transformations in corporate history. His plan, which he hatched a decade ago, is for FedEx to expand from its original business -shipping documents by overnight plane – to shipping packages of all sizes and shapes, with trucks as well as planes and at speeds selected by customers.
Read MoreLosses, profits and delivery performances – USPS, La Poste, Poste Italiane, Deutsche Post
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