UPS

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 parties.

Hundreds of e-tailers will offer free shipping today to encourage shoppers to hit the "buy" button in the final run-up to Christmas. It's a good incentive for last-minute shoppers, and it's an attempt to keep up with Amazon's service.

The CEOs of 18 big companies, including Google, Boeing and General Electric, met with President Barack Obama to discuss the U.S. economy Wednesday. Several business leaders said they left with a sense of improved collaboration. But what will the talks actually accomplish?

FedEx will likely show an increase in fiscal second-quarter earnings of about 20% from a year earlier when it releases its latest report on Thursday. The huge air-cargo carrier is looking for a jump in revenue to more than offset rising costs for jet fuel and other items.

Right now, millions of Christmas presents are zooming around the country in FedEx trucks -- driven, one might think, by FedEx employees. However, it turns out the employment status of those drivers depends on which state they are working in, and according to a judicial ruling issued Tuesday, most are independent contractors.

FedEx (FDX) is gearing up its busiest day of the year, confident that holiday shopping will help push traffic above its 2009 peak. The Memphis, Tenn.- based shipping giant, expects to handle about 16 million packages worldwide today, according to The Wall Street Journal. That's nearly 13% higher...

UPS (UPS) is now requiring photo identification from customers shipping packages at retail locations around the world, a month after explosives made its way 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....