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Read MoreTag: USA
German victory in US express war
Deutsche Post won a major battle with DHL against package delivery rivals when the US government denied a petition to revoke its freight forwarding operations.
Read MorePostal woes need action
The U.S. Postal Service is in trouble. The advertising and publishing industries that depend on it are publicly fed up, and rates are set to increase for the second time this year. With the future looking like more of the same, the clamor is building-and rightly so-for Congress to take action. If shouting alone were enough to get attention in Washington, the din last week easily could be heard up and down Pennsylvania Avenue. The Postal Service Board of Governors complained about the independent Postal Rate Commission, which it said made the coming July 1 rate hikes necessary by ignoring Postal Service revenue needs. The Magazine Publishers of America and Direct Marketing Association lambasted the Postal Service for not being able to control its costs.
Read MoreDOT Supports Package Deliverer DHL
The Transportation Department on Friday rejected efforts by FedEx Corp. and United Parcel Service to strip competitor DHL Worldwide Express and DHL Airways of the licenses they need to deliver packages in the United States.
Read MoreKelly: UPS will meet estimates
Jim Kelly, the chief executive of United Parcel Service Inc., said Friday that business conditions have shown some signs of stabilizing and UPS should be able to meet lowered earnings targets for the second quarter.
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