package delivery

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.

The discovery of two explosive devices found in packages on U.S.-bound cargo planes Friday raises new questions about security in the air-freight industry -- and its potential cost. How big is the risk, and how much is security worth?

Fourteen months after the last price hike, the USPS has proposed a two-cent increase in the cost of first-class postage, which would push the stamp to 46 cents. If approved, the new price would be effective Jan. 2, 2011. Still, the higher rate won't fix what really ails the service.

Looking for clues about global growth? Keep an eye on FedEx, which reports quarterly earnings early Wednesday. The world's second-largest package deliverer after UPS, FedEx is a barometer of global demand, and especially of business in China.

FedEx (FDX) and United Parcel Service (UPS) are gearing up for a busy holiday season with expectations of record-setting numbers of shipments. Their upbeat estimates fly in the face of tepid retail sales and expectations that recession-weary consumers will keep a tight rein on purchases this...

Shares of Travelers Cos. (TRV) shot up more than 4 percent in pre-market action after the insurance giant Thursday reported a much higher third quarter profit, earning $935 million, or $1.65 a share. Per-share earnings far exceeded a consensus estimate of $1.30 a share, according to a poll of 15...

This morning, package-delivery firm United Parcel Service (UPS) released its second-quarter earnings report. The company's adjusted diluted earnings per share came in at 49 cents per share, compared to 85 cents per share a year ago, matching the consensus estimate. Revenue came in at $10.8 billion,...

Stung by the economic recession, FedEx Corp. (FDX) today reported a fiscal fourth quarter loss and spooked investors by giving lackluster guidance. The net loss was $876 million, or $2.82 per share, for the fourth quarter ended May 31, down from a loss of $241 million, or 78 cents a year earlier....