September 16, 2011 – Lombard, IL – Michaels Stores, Inc. has named Mitsui O.S.K. Lines (MOL) one of its top two transportation partners for 2011. The announcement took place at the Irving,... View More
Post&Parcel--DHL Global Forwarding has bought out partner Lufthansa Cargo’s share of their cold chain logistics joint venture, LifeConEx, for an undisclosed sum. Deutsche Post DHL said its forwarding... View More
Journal of Commerce--UPS will increase revenue 6 to 8 percent annually through 2016 and raise earnings 10 to 15 percent during that period, company executives said Thursday. The nation’s largest... View More
Journal of Commerce--YRC Worldwide’s stock plunged 77 percent Friday to 7 cents a share — its lowest price ever — after shareholders approved the trucking giant’s restructuring.... View More
10 to 15% EPS Growth Expected from 2011 to 2016; 2011 EPS Guidance Reaffirmed; Share Repurchases Increase UPS (NYSE: UPS) today announced objectives for growing its revenue and profit over the next 3-to-5... View More
Post&Parcel--Deutsche Post DHL announced plans today for the biggest investment in its domestic parcels network since the 1990s. The company said it will invest EUR 750m in its processing centres and restructure... View More
Advertising Age--"UPS has recognized the love-hate relationship that all too many consumers have with the notorious delivery notice," he said. "UPS is introducing a first-of-its-kind delivering service,... View More
WASHINGTON — Faced with a massive nationwide infrastructure that is no longer financially sustainable, the U.S. Postal Service today proposed sweeping changes designed to save the organization up... View More
UPS (NYSE: UPS) applauds the White House and congressional leaders both for putting forth plans over the last week to get Americans back to work, help businesses hire and grow, reform the corporate tax... View More
Journal of Commerce--Raj Penkar, a longtime executive at UPS Supply Chain Solutions, will join Sears Holdings as senior vice president and president of supply chain, overseeing the global logistics and... View More
Post&Parcel--Ten years after introducing automated parcel mailing stations in Germany, DHL has revealed that its so-called Packstations now boast more than two million customers. And, the company said... View More
Reuters--EBay Inc shares dropped more than six percent on Friday on concern the company may be among the most exposed e-commerce players affected by the massive post office closures at the U.S. Postal... View More
FRESNO, CA – JTS (Johanson Transportation Service), a leading third-party supply chain solutions provider, has been named as one of the “Top 100 3PL” providers to the food industry in... View More
Post&Parcel--DHL is adding three new Boeing 777 Freighter aircraft to its fleet to expand capacity and improve transit times on routes between the Americas, Asia and the Middle East. The company has signed... View More
Post&Parcel--A major new shipping service for e-commerce retailers is set to launch next month in the United States, to compete head-on against FedEx and UPS ground services. Seattle-based EquaShip is... View More
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By the end of the summer, The UPS Foundation will have provided more than US$200,000 to charitable organizations across Canada. One of the recipients, Volunteer Canada, received a US$100,000 grant, which... View More
Journal of Commerce--Wal-Mart is “guardedly optimistic” about the rest of 2011 but sees a trend toward a “flatter” peak season for holiday shipments, said Kelly Abney, the retailer’s... View More
Postal News Blog--Fears about the financial health of the US Postal Service may delay FedEx’s decision on whether to buy more planes from Boeing and Airbus, according to a report from Bloomberg
