FedEx says profit up 126%, but warns of weak economy

FedEx more than doubled its profit in its third quarter, thanks to a record holiday season. But the cheery results were dampened by the delivery company's lukewarm outlook for the economy as well as a $3-million payout it will make to settle federal hiring-discrimination charges. More: continued here

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Plea made to keep post offices open – Inland Empire News

Plea made to keep post offices openInland Empire NewsRiverside County Registrar of Voters Kari Verjil has joined her counterparts throughout the state urging the postal service to delay post office closures. “I would encourage the postal authorities to keep the post offices open for the June primary … More: continued …

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TNT Post to trial deliveries in London – Reuters

TNT Post to trial deliveries in LondonReuters* TNT Post UK trial to start mid-April in West London * TNT Post seals Tesco deal * Rival service would disadvantage customers-Royal Mail By Neil Maidment LONDON, March 22 (Reuters) – Britain's second largest postal firm TNT Post is to trial deliveries …TNT …

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FedEx Outperforms on Record Volume

FedEx third quarter's earnings surpassed the Zacks Consensus Estimate by 19 cents and the year-ago earnings by 74 cents on strong yields, record holiday shipping and a solid performance by FedEx Ground…. More: continued here

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