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Consultant’s Insight: Shift to lower-priced delivery services hurts FedEx
Despite cutting costs and combining its FedEx Ground and FedEx Express divisions, FedEx reported disappointing earnings for its fiscal first ...
Tag: U.S. Postal Service (USPS)
UPS revenue down 1.1% from Q2 2023
UPS today reported $21.8 billion in second-quarter consolidated revenues, a decrease of 1.1% year over year. THE BIG PICTURE: Like ...
FedEx fiscal 2024 revenue down 2.7%
FedEx reported $87.7 billion in revenue for fiscal 2024, down 2.7% from 2023, on its June 25 earnings call. For ...
Consultant’s Insight: UPS reports financial and volume declines
It was a disappointing start to 2024 for UPS, as the company reported a 5.3% year-over-year decline in the first-quarter, ...
UPS replaces FedEx as top air cargo provider for USPS
The U.S. Postal Service today awarded an air cargo services contract to UPS that will see the express carrier become ...
USPS backlog jams Houston facilities
Since the mid-December peak season, more than 10,000 shipments have been delayed in United States Postal Service Texas sorting facilities, ...
Consultant’s Insight: FedEx Express disappoints again
Market conditions impacted FedEx’s latest earnings for the period ending Nov. 30. Total revenue declined 2.6% year over year to ...
Consultant’s Insight: USPS reduces air costs but increases highway costs
Despite declining revenue and volume growth for the 12 months ending Sept. 30, the U.S. Postal Service reported progress under ...
