The U.S. Postal Service warned that it will miss federal payments totaling an estimated $6.8 billion by October, unless the government steps in.
Continue reading U.S. Postal Service Set to Default on Its Federa…
The U.S. Postal Service warned that it will miss federal payments totaling an estimated $6.8 billion by October, unless the government steps in.
Continue reading U.S. Postal Service Set to Default on Its Federa…
Netflix, whose DVD-by-mail service hastened the demise of several video rental chains, may soon find itself under siege from Amazon. The world’s largest online retailer appears to be on the verge of launching its own unlimited …
The U.S. Justice Department has begun an investigation into the country’s two largest delivery companies, UPS and FedEx. Both have policies aimed at preventing customers from negotiating lower shipping rates through third parti…
The U.S. Postal Service’s annual loss more than doubled in fiscal 2010 compared to a year earlier as mail volume continues to slide while interest costs related to workers’ compensation climb.
Continue reading …