International shipping companies are scrambling to keep their operations moving, even as volcanic ash from Iceland closes down air traffic across much of Europe. Time-sensitive documents make up a large part of international air shipments. Promises of overnight deliveries are on hold.

Continue reading Overnight Delivery to Europe? Not While the Volcano Is Spewing

Overnight Delivery to Europe? Not While the Volcano Is Spewing originally appeared on DailyFinance on Fri, 16 Apr 2010 19:15:00.

Filed Under: UPS, Federal Express

Somaxon shares gained the most out of all U.S. stocks today, while Boeing shares lifted the Dow and new CEO drove up Barnes and Noble shares. Meanwhile, rumors of a Google, Intel and Sony partnership also moved those stocks.

Continue reading Stocks in the News: Palm, Somaxon, Boeing

Stocks in the News: Palm, Somaxon, Boeing originally appeared on DailyFinance on Thu, 18 Mar 2010 17:45:00.

Filed Under: Company News, Investing

Faced with an estimated $7 billion shortfall in 2010, the United States Postal Service is contemplating radical cuts that would eliminate Saturday mail delivery and raise the cost of postage. But to really turn the USPS's problems around, it will either need to be directly funded by the government or it needs the freedom to set its own prices, policies, and hours.

Continue reading Losing Money Isn't the U.S. Postal Service's Only Problem

Losing Money Isn't the U.S. Postal Service's Only Problem originally appeared on DailyFinance on Tue, 02 Mar 2010 17:30:00.

Filed Under: Economy, UPS, Federal Express, Retail

UPS (UPS), the world's biggest shipping company, said fourth-quarter net income nearly tripled from a year ago, as brisk holiday business and lower costs more than offset a decline in revenue.

Continue reading UPS Triples Profit, Affirms Full-Year Outlook

UPS Triples Profit, Affirms Full-Year Outlook originally appeared on DailyFinance on Tue, 02 Feb 2010 11:30:00.

Filed Under: Company News, Earnings, UPS

Delta Airlines (DAL) and Continental Airlines (CAL) are raising the fees they charge customers to check baggage, underscoring how the cash-strapped industry is trying to squeeze every nickle from the flying public. About the only winners from this trend are the package-delivery companies.

Continue reading UPS, FedEx Win When Airlines Charge to Check Bags

UPS, FedEx Win When Airlines Charge to Check Bags originally appeared on DailyFinance on Tue, 12 Jan 2010 19:53:00.

Filed Under: Columns, People, Media, Delta Air Lines, UPS, Federal Express