12.24.14 In October the president of U.S. operations for UPS, Myron Gray, said that if retailers exceed their shipping quotas, UPS might “mute what they are giving to us.” The company’s chief commercial officer, Alan Gershenhorn, said there could be surcharges. Asked to clarify the remarks, UPS officials said they would first work with retailers […]
Note: The following are excerpts from an article by the Wall Street Journal. Megan J. Brennan Sees ‘Plenty of Upside’ for Financially Strapped Postal Service Ms. Brennan, who has spent nearly three decades at the agency since her yearlong stint as a letter carrier, is on deck to become the nation’s first woman postmaster general. […]
Target Corp. has a present for its online holiday shoppers: Free shipping. The retailer is dropping shipping fees for all online orders from Oct. 22 through Dec. 20, raising the stakes in the battle with Amazon.com , Wal-Mart Stores Inc. and other retailers for shoppers who avoid brick-and-mortar stores. The promotion is one step Target […]
USPS is increasingly moving packages for its competitors, according to newly published numbers that underscore the Postal Service’s unique delivery capabilities. For years, United Parcel Service (UPS) and FedEx have paid USPS to deliver some packages, especially for customers in rural areas. The companies are now turning to the Postal Service more frequently, the Wall […]
“The situation now, as you can see, is fairly precarious. When you have roughly $4 billion of cash, and over $100 billion in liabilities, it doesn’t take a genius to figure out we’re in a financial crisis.” —USPS Chief Financial Officer Joseph Corbett, Wall Street Journal online edition, June 18, 2014 June 18, 2014—Poor Joe […]
Elder care and other low-wage jobs will be among the fastest growing career fields over the next decade. Postal carriers and journalists might have a harder time finding work. The most job openings, due to both growth in the sector and employee turnover, will come for workers in retail sales and food and beverage service. […]
Lobsters, Medicines Among Perishables Affected by UPS, FedEX Christmas Shipping Snafu Wall Street Journal reports: SimplyLobsters.com owner Donald Lee was expecting a good Christmas when orders for his live shellfish and other foods jumped 30% this holiday season. That was until the express-shipping system broke down under a crush of last-minute orders and delayed about […]
In an interview with Wall Street Journal, Postmaster General Patrick Donahoe spoke on several different topics, including privatization, labor costs, the future of mail service, package-delivery drones, cost controls, new revenue, labor changes and legislation hopes.