FedEx Corp reported an 11.9 percent drop in quarterly profit, hurt by higher costs and lower shipment volumes in the wake of Superstorm Sandy as well as its customers' shift to lower-cost shipping methods. More: continued here
Read More »FedEx 2Q earnings fall 12%
NEW YORK — FedEx, the world's second-largest package delivery company, posted a 12 percent decline in second-quarter profits Wednesday due to weakness in its air network and the impact of Superstorm Sandy. The storm shaved 11 cents per share off of earnings for the quarter as shipping volumes fell and …
Read More »FedEx Hit by Sandy, Misses EPS
FedEx Corporation reported second quarter fiscal 2013 adjusted earnings of $1.39 per share. More: continued here
Read More »Post office designates box for Newtown condolences
The U.S. Postal Service has dedicated a post office box in Newtown, Conn., for the large amount of condolences pouring into the town. More: continued here
Read More »Post Office robber waited in line
A Bloomfield man is accused of waiting in line behind other people and then robbing his local post office on Liberty Avenue with a gun. More: continued here
Read More »Stamps.com Surpasses $1 Billion in Postage Printed for 2012 – Marketwire (press release)
Stamps.com Surpasses $1 Billion in Postage Printed for 2012Marketwire (press release)EL SEGUNDO, CA–(Marketwire – Dec 19, 2012) – Stamps.com® ( NASDAQ : STMP), the leading provider of USPS postage online and shipping software to over 400,000 customers, today announced it recently surpassed the $1 billion threshold in total …and more » …
Read More »Former post office manager jailed for €1.75m theft
A former post office manager has been sentenced to four years in prison after stealing €1.75m. More: continued here
Read More »100 Village Post Offices Now Open for Business – International Business Times (press release)
100 Village Post Offices Now Open for BusinessInternational Business Times (press release)"The Village Post Office is a terrific way for businesses in rural America to provide their customers with convenient access to postal products and services — becoming the ultimate convenience store," said Postmaster General Patrick Donahoe. "We're …and more » …
Read More »Post Offices offer Christmas Eve hours
Post offices will close at noon on December 24th, except the Cayuga Branch Post Office, which will close at 3 p.m. More: continued here
Read More »FedEx buying 4 new Boeing freighters
FedEx Corp. has ordered four new Boeing 767 freighters in an ongoing effort to replace its old workhorses with more fuel-efficient planes.Financial terms weren't disclosed. The sticker price on a 767 freighter … More: continued here
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