Bloomberg--LAS VEGAS (AP) — United Parcel Service Co. said Monday it arranged $22.5 million in franchisee lending for its retail outlets. The shipping company said the loan program was created by... View More
Wall Street Journal--FedEx Corp. (FDX) lowered its outlook for earnings in the current quarter because severe winter storms and higher-than-expected fuel prices pressured expenses higher. The company,... View More
SEATTLE, WA — February 14, 2011 — Satori Software today announced a strategic partnership with Three Dog Logistics to be the vendor-of-choice for MailRoom ToolKit and Bulk Mailer customers. ... View More
Journal of Commerce--Amazon.com says it will close its distribution center in Irving, Texas, because the state is demanding the Internet retailer pay $269 million in sales taxes. Amazon also is canceling... View More
Journal of Commerce--Rising costs and a $39 million tax bill led to a $40.2 million loss for less-than-truckload carrier Vitran in the fourth quarter and a $42.9 million loss for the year. The Canadian-based... View More
Memphis Commercial Appeal--Union leaders have endorsed a tentative labor agreement between FedEx and its pilots and scheduled a ratification vote Feb. 25 to March 23. Read more!... View More
Post&Parcel--The US Department of Homeland Security (DHS) revealed yesterday a number of ways it is working to improve the flow of parcels and packages into the United States. Security measures put in... View More
Louisville (KY), USA. VITRONIC Machine Vision Limited today announced that it was awarded a multimillion contract by The United States Postal Service â® (USPS) for 126 package sorter and overhead... View More
WASHINGTON — The U.S. Postal Service (USPS) ended the first quarter of this fiscal year (Oct. 1 - Dec. 31, 2010) with a net loss of $329 million, compared to a net loss of $297 million for the same... View More
Wall Street Journal--United Parcel Service Inc. (UPS) has stopped lobbying Congress to approve a labor provision heatedly opposed by rival FedEx Corp. (FDX), acknowledging the high-profile battle appears... View More
The Columbus Dispatch--R.G. Barry Corp. reported a drop in sales and profit in its quarter that ended in December. The company attributed the weaker performance to short-term problems that have been corrected.... View More
Plantation, Fla. – February 9, 2010: DHL, the world’s leading logistics company, announced today it will invest US $22.5 million to expand its hub facility at the Cincinnati/Northern Kentucky... View More
UPS today announced an order of 14 purpose-built, electric vehicles from British manufacturer Modec, increasing the size of its UK green fleet to 20. The vehicles will operate out of UPS's Camden and... View More
NetworkWorld--FedEx, which Monday saw a nationwide software glitch impact the mobile devices called PowerPads used by its package-delivery personnel, said it has resolved the problem. However, the FedEx... View More
As the situation in Egypt continues to evolve, our acceptance policy for mail destined to that country also is evolving. Effective immediately, all Post Office™ and other mail acceptance locations... View More
UPS (NYSE: UPS) today announced the expansion of its UPS Expressâ® Freight service into Israel and Slovakia to serve expanding hubs for high-tech, industrial and automotive companies. The UPS... View More
RALEIGH, NC—Supply chain leaders are overwhelmingly more uncertain now than they were last year or the year before. A recent Tompkins Supply Chain Consortium survey, Uncertainty is Certain:... View More
RALEIGH, NC, February 4, 2011 — Bruce Tompkins, executive director of the Tompkins Supply Chain Consortium, has been named one of this year’s “Provider Pros to Know in the Supply Chain... View More
MEMPHIS, Tenn.—FedEx SupplyChain, a subsidiary of FedEx Corp. (NYSE: FDX), today announced significant enhancements to its FedEx Critical Inventory Logistics® service. FedEx Critical Inventory... View More
On February 3, 2011, the Postal Service™ suspended Global Express Guaranteed® (GXG®) service to Egypt due to FedEx® operational requirements for items sent into and out of Egypt. Until... View More
