The coming rate increases in ground service by FedEx and UPS have businesses scrutinizing every aspect of their parcel-shipping programs. Both companies are preparing to introduce dimensional weight pricing for all parcels in U.S. ground service — UPS on Dec. 29, 2014, and FedEx on Jan. 1, 2015. The change means that […] More:…
YourErie Warner seeks to block further post office consolidationsRoanoke TimesIn the letter, Warner acknowledged the struggles of the Postal Service, including its announcement last week of a $2 billion loss in the most recent quarter; however, he said he did not believe the Postmaster General's plan to consolidate up to 82 mail …Letter: Postmaster responds to…
“Social networks not serious competition for eBay,” says expert.University of ManchesterBut Dr Omer Edhan, economist from The University of Manchester, says eBay is still holding its own. He said: “Buying on social media is a bit like popping to the corner shop for a pint of milk. eBay is the modern equivalent of a department…
Food stamps' $80 billion secret spending programTheNewsTribune.comWal-Mart, the nation's largest grocer, has already acknowledged the importance of food stamps in its latest annual report. It warned that if the program ever experienced large spending cuts – as House Republicans unsuccessfully demanded during much of … More: continued here
If FedEx is found guilty, it faces a potential maximum fine of twice the gains from shipments by pharmacies, which is estimated to be around $820 million, meaning a total fine of $1.6 billion. This amounts to 46.4% of FedEx's operating profits for the fiscal year 2014 and therefore raises concerns about the company's ability…
Sweet Home New Era Foster Post Office service cuts likely; Cascadia mail prospects still uncertainSweet Home New EraFoster Post Office service cuts likely; Cascadia mail prospects still uncertain. JEAN BURGER, left, and other Foster and Cascadia residents listen during the meeting to discuss the local postal situation. Photo by Sean C. Morgan. By Sean C….
eBay definitely has means to complete the buyback target by this year. eBay's net cash balance has declined from $13.1 billion as of December 31, 2013, to $11.6 billion as of June 30, 2014, due to the … More: continued here
Two men and a woman arrested in connection with raid at a Gateshead Post Office which left staff shaken More: continued here
N/A More from Bloomberg.com Monaco $400 Million Penthouse Secrecy Booms: Real Estate Iceland Tells Airlines Volcano Under Glacier May Erupt Corey Griffin, Ex-Bain Capital Manager in ALS Drive, Dies at … More: continued here
Government loses £500m on failing to sell Royal Mail shares in MarchYahoo Finance UKLONDON (ShareCast) – The UK government opted against selling its entire stake in Royal Mail (LSE: RMG.L – news) when shares were trading near a post-privatisation high, in order to avoid breaking a lockup agreement and upsetting City investors. More: continued here