The Postal Service is closing post offices across the nation in an effort to save money. But it seems a trend is starting by UPS Inc to open up stores in places where USPS is shutting down. If UPS opens stores in areas where the Postal Service has shut down–USPS could possibly lose many of […]
In an editorial by the Concord (New Hampshire) Monitor they wrote: The postal service has since the 1980s operated as an “independent establishment of the executive branch” and, as such, is expected to be self-supporting. For the most part, it is. But in exchange for its monopoly on first and third-class mail, it is charged […]
FedEx transports Express, Priority and First Class Mail, and earned postal revenues of $1.373 billion (corrected) in fiscal 2010. While at the top of the list, FedEx’s postal revenues declined from a high point of over $1.6 billion. Another postal competitor, United Parcel Service (UPS) , is the Postal Service’s 12th (corrected) largest postal supplier, […]
Will this new requirement give USPS more business? UPS is now requiring photo identification from customers shipping packages at retail locations around the world, a month after explosives made it on to one of the company’s planes. The Atlanta-based package courier said Tuesday the move is part of an ongoing review to enhance security. The […]
The United States Postal Service has awarded UPS a $280 Million four-year contract for “air transportation and terminal handling services in support of a nationwide air transportation network.” The day after USPS awarded the contract, UPS issued this press release on opening a new state of the art mail processing center: UPS Mail Innovations Opens […]
UPS (NYSE:UPS) today announced adjusted diluted earnings per share of $0.93 for the third quarter of 2010, a 69% improvement over the prior-year period. Global revenue grew 9.3%, generating $1.5 billion in adjusted operating profit, a 62% increase. On a reported basis, diluted earnings per share were $0.99, an 80% increase over the $0.55 in […]
UPS Makes It More Convenient to Return Goods ATLANTA, Aug 12, 2010 — UPS today announced it is launching UPS Returns(R) Flexible Access, a new service with a unique label that allows consumers to drop returns at any U.S. Postal Service(R) (USPS) location or personal mailbox in addition to the thousands of UPS locations nationwide. […]
The U.S. Postal Service has an “agreement with AT&T Wireless to provide discounted wireless phone service, phones, and accessories to postal employees.” However, whenever Postal Employees order products online at AT & T’s website, the items are shipped via FedEx or UPS. An AT & T representative explained that shipping costs are cheaper using FedEx […]