Deutsche Post and DHL Parcel Germany are temporarily suspending “the acceptance and transport of business customer parcels via the postal network to the U.S.” (DHL) [Stay on top of transportation news: Get TTNews in your inbox.] Postal services across the world are suspending parcel deliveries to the U.S., citing confusion …
Read More »Earnings to watch next week
Asking for a Trend host Josh Lipton outlines key earnings results that will be released this coming week, starting Monday, June 23. On Monday, KB Home (KBH) will be reporting earnings. Tuesday’s earnings reports include Carnival (CCL), FedEx (FDX), and Blackberry (BB). FedEx is seeing some headwinds that could push …
Read More »Memorial Day is today (Monday) so no mail delivery, banks also closed | Local News
(Undated)–With today (Monday) being Memorial Day, it is a federal holiday. City, state and federal offices, as well as public buildings and public schools are all closed today. In addition, U.S. Postal Service offices will be closed today so there will be no mail delivery and retail services are not …
Read More »Trump backs nomination of FedEx board member as Postmaster General, signaling privatization of USPS
Take up the fight to save the post office! Join the USPS Workers Rank-and-File Committee by filling out the form below. A U.S. Postal Service employee works outside a post office in Wheeling, Illinois. [AP Photo/Nam Y. Huh] The US Postal Service (USPS) Board of Governors is preparing to name …
Read More »Evri and Yodel the worst parcel firms at helping their customers – Ofcom – Evening Standard
Ofcom said Royal Mail won back some of the parcel volumes and revenues it lost the previous year because of industrial action. However, the company … Source link
Read More »Banks and government offices closed Monday, no mail delivery either due to holiday | Local News
(Undated)–Today (Monday) is a Federal and State holiday with government offices closed. Officials remind that when a holiday occurs on a Sunday, most banks and credit unions will be closed the following Monday. Since Christmas Day fell on a Sunday this year, most banks and credit unions are also closed …
Read More »FedEx is flashing a recession warning sign – but there are reasons to view it with skepticism
A FedEx worker makes a delivery on Sept. 16, in Miami Beach, Fla.Joe Raedle/Getty Images After FedEx Corp. FDX-N reported weak preliminary financial results and warned of a recession, the stock market shuddered, highlighting the importance many investors attribute to the global delivery giant. FedEx’s share price fell 21.4 per …
Read More »FedEx withdraws guidance, takes Royal Mail down with it
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Read More »FedEx plummets as forecast withdrawal fans slowdown fears
Shares of FedEx slumped in premarket trading on Friday as the global delivery heavyweight’s forecast withdrawal sounded alarm about softening consumer demand and hammered equities in the sector worldwide. The U.S. firm joined major global logistics peers including Hong Kong’s Cathay Pacific Airways and France-based transporter CMA CGM in signaling …
Read More »FTSE 100 Live 16 September: Sterling at 37-year low as UK retail sales slide, FedEx profits warning hits shares
1663321901 Capita shares bounce after £150 million fintech disposal Shares in Capita surged 9% to 28p this morning after the professional services company announced the sale of its fintech business Pay360 in a £156 million deal. It’s the latest in a suite of disposals by the company as it seeks …
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