Troubled Postal Service moves to raise stamp prices, conserve cash
The cash-strapped U.S. Postal Service has suspended pension payments and seeks to raise the price of a First-Class stamp by 4 cents.
The cash-strapped U.S. Postal Service has suspended pension payments and seeks to raise the price of a First-Class stamp by 4 cents.
FedEx and its pilots have reached a tentative agreement on a new labor contract, but it took five long years to get there.
Owners of two trucking companies and two U.S. Postal Service employees were sentenced to prison for a bribery scheme aimed at securing transportation contracts.
The U.S. Postal Service has retained Amazon as a customer, but the new contract represents a 20% reduction in shipping business.
The Postal Regulatory Commission said the Postal Service can go forward with a temporary price increase designed to offset rising transportation costs.
DHL investments to create a unified parcel network between Deutsche Post and DHL Express have paid dividends during the Easter holiday shipping season.
Under strong pressure from the Teamsters union, UPS has agreed to limit how many drivers it eliminates through an early-retirement program
Canada Post is moving ahead with a modernization plan aimed at reducing excess capacity and cutting costs in an effort to restore its financial health.
Amazon this month has made several moves that appeal to customer expectations for fast, convenient delivery and put pressure on rivals.
DHL Express parcel customers will enjoy uninterrupted service after the company negotiated a new contract with U.S. delivery workers.
U.S. Postal Service is ready to charge parcel customers a fuel surcharge for the first time in its history because fuel prices are rising faster than it can change its base transportation rate.
UPS will withdraw its buyout offer for drivers in 13 states because the Teamsters contract in that region gives local unions more rights to object to management’s move.
FedEx is launching same-day delivery through a partnership with OneRail, a final-mile platform.
FedEx delivered strong third-quarter results, buoyed by volume and yield growth and structural cost savings.
The owner of an Amazon delivery service provider was recently convicted of defrauding the retailer of nearly $10 million.
FedEx has put 10 more shipping stations on the chopping block as it integrates two separate delivery networks into a single, efficient operation.
The U.S. Postal Service needs relief from unfunded mandates and operating restrictions that have created a cash crisis for the nation’s mail service, Postmaster General David Steiner warned Congress.
Amazon has taken the lead as the largest U.S. domestic parcel carrier and smaller independent couriers are also taking market share from the U.S. Postal Service, FedEx and UPS.
Amazon Air has added more destinations to its air transport network in India.
A major provider of outsourced air cargo airlift for Amazon has reached a preliminary labor agreement with unionized pilots.