One might think that after years of online shopping growing in popularity that major shipping carriers would finally be prepared for the Big Show, also known as the holiday season. And yet here we are again, heading into crunch time, and UPS and FedEx are having trouble keeping up with all those packages. Though the […]
NEW YORK (AP) — UPS was supposed to be looking for clues its brown trucks were being used to illegally transport untaxed cigarettes from upstate Indian reservations to customers throughout the state, but instead it turned a blind eye, say regulators, who’ve asked a judge to impose an $873 million penalty on it. Over an […]
Despite competition from Amazon.com, the package delivery giants are increasing prices. Here’s a look at why — and what it means for investors. Prices are going up. Around the time of the company’s first-quarter 2017 results in late September, FedEx Corporation (NYSE:FDX) followed rival United Parcel Service, Inc (NYSE:UPS) in hiking selected shipping rates by […]
Effective Jan. 2, 2017 FedEx Express, FedEx Ground, FedEx Home Delivery®, FedEx SmartPost® and FedEx Freight rates will increase. There will be changes to shipping fees and surcharges that may apply to your shipment and affect your total shipping rate. FedEx® Retail Rates will change. FedEx One Rate® pricing will change. The dimensional weight calculation […]
U.S. ends $1.6 billion criminal case against FedEx The U.S. Department of Justice on Friday dismissed all criminal charges against FedEx Corp (FDX.N) in a case where the company was accused of shipping packages from illegal online pharmacies despite repeated warnings, according to a court filing. Trial had begun earlier this week in San Francisco […]
June 6, 2016 PITTSBURGH (KDKA) — If Amazon.com had its way, every shopper would shop online, and then have that order filled and packaged at fulfillment centers like one in Crafton PA with products to be delivered to your doorstep by Amazon deliverers, instead of the traditional U.S. Postal Service, UPS, or FedEx delivery. “They […]
Wal-Mart Stores Inc. is testing a two-day shipping subscription service and building a regional delivery network as the world’s biggest retailer tries to rival Amazon.com Inc. As part of the project, Wal-Mart will rely on eight massive e-commerce warehouses around the country, the last of which will be built by year’s end. It will also […]
Thursday, April 21, 2016 WASHINGTON – U.S. Senator Claire McCaskill today questioned the U.S. Postal Service’s pricing for its “last mile” of delivery in rural areas, and why she believes it may be losing money by under-charging competitors such as UPS and Fedex to carry mail to those areas. “I have been on a harangue […]
Top U.S. Postal Service Contractors for FY 2015 Husch Blackwell Sanders’ Government Contracts Practice Group today released its list of the top 10 U.S. Postal Service suppliers for fiscal year 2015, compiled from information obtained under the Freedom of Information Act. David P. Hendel, a partner in the firm whose practice focuses on postal contracting […]
Postal Service in Hot Seat as McCaskill Aims to Protect Rural Delivery for Missourians Senator questions whether Postal Service is operating efficiently compared to UPS, FedEx, has capability for effective rural delivery WASHINGTON – U.S. Senator Claire McCaskill today demanded answers from the U.S. Postal Service on how it will protect mail delivery for rural […]