FedEx Corp. said Thursday its profit between December and February more than doubled as its ground and freight segments shipped more packages and charged higher prices.In its fiscal third quarter, the … More: continued here
Record holiday-package shipping drove FedEx profit sky high last quarter. The shipper earned $521 million, up 126% from a year ago, the company said this morning. More: continued here
A strong holiday season and mild winter helped FedEx Corp beat Wall Street's profit forecast, but the world's No. 2 package delivery company warned that it had lowered its outlook for the rest of this … More: continued here
FedEx Corp. today reported earnings of $1.65 per diluted share for the third quarter ended February 29, which includes a $0.10 per share reversal of a reserve associated with a legal matter at FedEx Express. More: continued here
Paypal, the leading global payment service owned by eBay, is looking to expand into China. It is trying to obtain a domestic payment license from the Chinese authorities, which would enable it to compete in the rapidly growing Chinese online payments space currently dominated by local players like AliPay from Alibaba and TenPay from Tencent….
If you ask the Postmaster General about junk mail, he’ll likely correct you. “If you work in the postal service, it’s jobs mail,” he says. That’s why the postal service is pushing an online program to get more, um, jobs mail into your mailboxes. As has been widely reported, the United States Postal Service is…
Commission Approves Pension Relief And Restructuring Aid In Favour Of The …eGov monitorThe European Commission has approved UK plans to relieve the Royal Mail Group (RMG) from excessive pension costs relating to its past monopoly position and to provide RMG with restructuring aid consisting of a debt reduction of ₤1089 million (around … More: continued…
Over 75 leading designers from the American fashion industry have joined the collaborative efforts by the Council of Fashion Designers of America (CFDA) and eBay to raise awareness and fight against counterfeits. More: continued here
Hell Mail Royal Mail pension bailout clears way for sell offHell MailThe EU has given approval for the assets and liabilities of the Royal Mail pension fund to be transferred to the state. The move will free the Royal Mail to invest more of its profits into transforming the business and its eventual sale rather…
Daily Mail Royal Mail releases British comic character stampsDigital SpyThe set of ten stamps features classic heroes including Dennis the Menace, Judge Dredd and Dan Dare. Desperate Dan, Roy Race and The Four Marys also feature in the collection, which celebrates the 75th anniversary of The Dandy.Royal Mail to release new set of stamps featuring…