FedEx, UPS & on-time delivery

ROYAL OAK — A FedEx driver helped deliver a suspected wallet thief to police after chasing and holding the alleged crook until a patrol car arrived. More: continued here

NEW YORK (AP) – FedEx will raise shipping rates for its ground and home delivery units by an average of 4.9 percent in January as it contends with weak freight demand. More: continued here

EcommerceBytes eBay Gets on the Groupon Bandwagon with Lifestyle DealsEcommerceByteseBay is launching a new local-deals feature similar to Groupon, Living Social and Google Offers, called Lifestyle Deals. The page of local deals on the eBay Lifestyle Deals homepage links to eBay listings from the new eBay seller "signpostoffers … More: continued here

FedEx Corp. said Friday its board of directors declared a regular quarterly dividend of 11 cents per share. The shipping carrier said the dividend is payable Oct. 1 to shareholders of record on Sept…. Sponsored Topics: Board of directors – FedEx – Shareholder – Movies – Business More: continued here

FedEx forecasts are closely watched for signals of future economic health, and the package delivery company is cutting its forecast for the fiscal year ending in May because of the worsening global economy. FedEx is seeing a drop in demand for more expensive priority services. More: continued here

Mike Downey: “We can show a lot of kids there is hope, there is an opportunity, a chance,” Memphis coach John Calipari said. “No disrespect to where the other schools are from. Memphis is one of those cities that needs something like this.” Skip Myslenski: “Psycho T” doesn’t scare Kansas Rose leads Memphis past UCLA…