USPS Reports Q2 Net Loss of $1.5B but 14.4% Gain in Parcel Volume
The USPS reported a $1.5B net loss in Q2, but a 14.4% gain in shipping and parcel volume, nearly double the 7.3% bump in 2014, boosting operating revenue.
The USPS reported a $1.5B net loss in Q2, but a 14.4% gain in shipping and parcel volume, nearly double the 7.3% bump in 2014, boosting operating revenue.
For a winning OMS selection process, script the demo of what you want the vendor to demonstrate with your data in order to validate RFP responses.
Merchant panelists at Operations Summit 2015 said they’re doing all they can to decrease time-to-customer, but same-day delivery isn’t a high priority.
The FAA said it will allow commercial testing of drones beyond pilot line-of-sight, making drone deliveries by Amazon and Google a bit closer to reality.
Pitney Bowes Inc. said it has signed a definitive agreement to acquire competitor Borderfree.
A roundup of news items covering retail operations, fulfillment and delivery.
A listing of recently announced expansions, additions and closures in retail distribution and fulfillment centers.
Amazon has launched Sunday delivery in 100 Indian cities for all Fulfilled by Amazon products at no extra cost, with plans to expand the service.
Dutch firm TNT Express reported an operating loss and lower comparable revenues for Q1 and said it faced a challenging 2015 ahead of the FedEx acquisition.
UPS’s Q1 net income was up 12.6% to $1.02 billion, as executives said they’re making gains in revenue and profitability in its growing ecommerce business.