FedEx Misses on Top and Bottom Line in Q4
FedEx’ Q4 top and bottom line fell short of expectations, the latter impacted by pension accounting adjustments and a settlement with California drivers.
SurePost
USPS Asks to Keep Priority Mail Rates the Same But Raise Parcel Select Rates
As it continues to battle UPS, FedEx and DHL for a larger slice of the ecommerce shipping pie, the USPS has asked the PRC to keep its competitive Priority Mail rates unchanged for domestic delivery while raising Parcel Select – the primary last-mile option of the major carriers – by 8%.
OnTrac Partners With USPS to Deliver Final-Mile Service to Retailers
Regional carrier OnTrac, announced a new service, DirectPost, which will enable it to provide next-day and two-day ecommerce shipping at postal rates.