Justice Dept. reviews USPS-FedEx deal
Article Abstract:
FedEx Express and the US Postal Service have entered into a $6.3-billion alliance which is being reviewed by the Justice Dept. The deal is based on air transportation and retail business agreements. Under the alliance, the USPS will buy space on FedEx airplanes to transport Express Mail, First- Class mail and Priority Mail and FedEx will locate overnight service collection boxes at post offices nationwide. The alliance is expected to save USPS $1 billion annually and hold down future rate increases. However, the main competitor to the partnership, United Parcel Service, views the plans to have public policy and antitrust implications.
Publication Name: DM News
Subject: Construction and materials industries
ISSN: 0194-3588
Year: 2001
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Airborne expects to spur growth with new initiatives
Article Abstract:
Seattle, WA-based Airborne Express is launching several new marketing and product initiatives to stimulate its growth. The specific actions nclude targeted marketing initiatives to leverage yield management and capacity utilization, pursuing the higher-yielding small-business markets, enhancing the suite of productts offered, improving sales effectiveness, expanding its third-party logistics capabilities and incrasing Airborne's online offerings and capabilities.
Publication Name: DM News
Subject: Construction and materials industries
ISSN: 0194-3588
Year: 2000
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Letter carriers agree to labor contract
Article Abstract:
The US Postal Service and the National Association of Letter Carriers agreed on a three-year contract that provides all letter carriers a 3% pay hike on Nov 20, 2000. Aside from an annual wage increase of up to 2% over three years, the contract gives letter carriers an increase in health benefits covered by the USPS to 85% and six cost-of-living adjustments. Industry observers say the new contract will affect the agency's competitiveness in the marketplace.
Publication Name: DM News
Subject: Construction and materials industries
ISSN: 0194-3588
Year: 1999
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