CNBC -- The $814 billion stimulus program enacted by the Obama administration at the start of 2009 boosted the US economy by as much as 4.5 percent in the second quarter of this year, keeping unemployment... View More
Dayton Daily News--As most of you know, the USPS is in deep financial trouble. There are discussions of making drastic changes in the level of service the USPS provides. On the other hand, Fed Ex is known... View More
According to SmarTrend, "the top five companies in the Air Freight & Logistics industry as measured by return on equity (ROE). The ROE is a general indication of the company's efficiency; Investors usually... View More
The Washington Post has reported that "FedEx sued New York Attorney General Andrew M. Cuomo, claiming he is overstepping his authority in a state investigation of the company's rates, routes and services.... View More
WASHINGTON — The U.S. Postal Service is modifying mailing regulations of tobacco shipments from the U.S. to APO/FPO/DPO destinations by expanding shipping options to include Priority Mail service... View More
Google News -- The federal government is expanding a multi-agency policing program at the U.S.-Mexico border to improve security at the nation's sea ports. Read more!... View More
Bloomberg -- Container volume at the Port of Charleston has rebounded to where it was almost two years ago, but the head of the South Carolina State Ports Authority warns the future remains uncertain.... View More
Google News -- Gov. Ted Strickland's administration wants certain freight trucks to carry heavier loads on highways so that Ohio farmers and manufacturers can increase exports, a policy change unpopular... View More
From Ed Wolfe and Scott Group--Last week, Judge Miller (the Multi-District Litigation judge in Indiana) granted FDX's motion for Summary Judgment that its ground contractors in Kansas are independent contractors... View More
MEMPHIS, Tenn.--The Board of Directors of FedEx Corporation (NYSE: FDX) today declared a quarterly cash dividend of $0.12 per share on FedEx Corporation common stock. The dividend is payable October 1,... View More
The Postal Service has announced new officer appointments within Mailing and Shipping Services and Operations. Previously vice president of Sales, Susan Plonkey is now acting president of Mailing and Shipping... View More
Journal of Commerce--The recession isn't over for many small trucking companies. While larger competitors report record volumes and stronger bottom lines, many smaller carriers are still struggling to... View More
Journal of Commerce--CEVA Logistics is launching an expedited surface freight service between the U.S. Gulf Coast and Alberta, Canada, aimed at the energy sector, the company said Friday. CEVA says what... View More
Air Cargo World--A report from the Asia Development Bank (ADB) says the region's rapidly expanding middle class will, by 2030, replace their counterparts in the US and Europe as the world's primary consumers.... View More
Air Cargo World--A study of supply chain executives in Brazil by logistics company BDP International has found that nearly 7 out of 10 respondents cited the total landed cost of imports as their greatest... View More
Marketwire reports, "Stamps.com (NASDAQ: STMP), the leading provider of USPS postage online and shipping software solutions to approximately 400,000 customers, today announced that Forbes.com has identified... View More
The Associated Press has reported that "UPS Inc. is reducing the number of its planned pilot furloughs to about 230 from 300 because of its improving financial condition. The world's largest shipping company... View More
Journal of Commerce--The Conference Board Leading Economic Index for the U.S. increased 0.1 percent in July to 109.8, following a 0.3 percent decline in June, and a 0.5 percent increase in May. Indicators... View More
Journal of Commerce--The Port of Rotterdam says its cargo traffic could soar to a low of 575 million metric tons and a high of 740 million metric tons within 20 years from 420 million metric tons at present,... View More
