Parcel

Non-contractual 2012 rates will be comprised of a net increase of 4.9 percent for UPS ground packages and a net increase of 4.9 percent on all UPS air services and U.S. origin international shipments

December 12 looks to be a pretty busy day for FedEx. The transportation bellwether said this week it expects to move more than 17 million shipments through its global networks on that day.

Quarterly revenue for Big Brown—at $13.2 billion—was up 8.0 percent annually, and operating profit—at $1.61 billion—was up 0.2 percent. Earnings per share—at $1.06—saw a 14 percent year-over-year increase, topping Wall Street expectations of $1.05 per share.

EquaShip aims to provide smaller shippers with cost-savings that are typically only available to large enterprise shippers.

At a time when it is facing myriad financial headwinds, the United States Postal Service (USPS) announced yesterday that it has raised prices for various services and products, effective January 22, 2012.

A week after a Senate committee held a hearing to examine the current state of the United States Postal Service and recent proposals to improve its financial condition, the USPS today announced proposed changes to its network that it said would deliver $3 billion in annual savings.

The financial travails of the United States Postal Service were on full display at a hearing hosted by the Senate Committee on Homeland Security and Governmental Affairs yesterday.

Following a December announcement in which Netherlands-based TNT N.V., a provider of mail and courier services and the fourth largest global parcel operator announced its intentions to “de-merge” operations by separating its Express and Mail operations into two separate companies, the company’s shareholders yesterday signed off on the move.

The company has released JDA Transportation & Logistics Management 6.3.4, which company officials said is the “second phase” of its post i2 acquisition transportation and logistics product roadmap integration plan rolled out in April 2010.

The United States Postal Service (USPS) announced this week it has introduced a new regional ground service for commercial shippers looking for an “economical solution for delivery of small packages.

FedEx received good news last week, when a federal judge in Indiana ruled that FedEx Ground drivers in Kansas are independent contractors and not full-time employees.

The United States Postal Service (USPS) recently announced it is petitioning the Postal Regulatory Commission (PRC) to move its Standard Mail parcels from its market-dominant product list to its competitive products list.

UPS has rolled out a new consumer-to-business returns service, representing a step forward in reverse logistics.

Ongoing fiscal woes continue to threaten the financial viability of the United States Postal Service, as evidenced by its recently released fiscal year third quarter earnings.

Late last week, Congress passed House passed the Airline Safety and Federal Aviation Administration Extension Act of 2010, which will extend FAA’s funding through September 30.