U.S. Postal Service cites slowdown for second quarter decline
The United States Postal Service (USPS) blames $707 million loss in its fiscal second quarter on the slowing U.S. economy and a decline in mail volume.
DHL wins shipping contract with Lord and Taylor
DHL, the world’s leading express delivery and logistics company, today announced that it has been chosen as the exclusive US and international express shipping provider for Lord and Taylor.
BA World Cargo announces key management appointments
British Airways World Cargo has announced the immediate appointments of David Shepherd and Tony Nothman into senior executive roles.
BNSF profit lifted by strong pricing
Burlington Northern Santa Fe Corp., the nation’s second largest railroad said Tuesday first quarter earnings were above analyst’ forecasts as strong pricing offset lower freight volumes.
Canada Post and FedEx Express launch Priority Worldwide
Canada Post Corporation and FedEx Express Canada have combined forces in the development of Priority Worldwide, a new international express service.
Omega United acquires Sky Postal
US international mail distribution company SkyPostal Inc. plans major push in into the Latin-America, Caribbean and Mexico international mail market following its merger with Omega United Inc.