Postmaster General Louis DeJoy said the Postal Service is weighed down by $188.4 billion in liabilities, and that he expects it to lose $160 billion over the next 10 years.
ClusterTruck, Kroger to test drive food-delivery partnership
Indianapolis food-delivery company ClusterTruck is partnering with Cincinnati-based Kroger for a pilot program that will give the grocery giant an entry into the fast-growing meal delivery market, the companies announced Monday.Read More
Main Street businesses are now forced to wait months instead of the usual weeks for a delivery from China, and no one knows when the situation will be resolved.
The ruling undercuts one of the defenses that Union Pacific, BNSF, CSX and Norfolk Southern had offered in dozens of lawsuits that major companies filed last year questioning the way railroads set shipping rates.
Federal officials say they will allow operators to fly small drones over people and at night, potentially giving a boost to commercial use of the machines.
As a homebound nation increasingly shops online for holiday gifts, private express carriers FedEx and UPS have cut off delivery service for some retailers, sending massive volumes of packages to the Postal Service and creating major delays.
The earlier-than-usual deadlines come as more people turn to online shopping during the pandemic, creating a logjam for shipping companies as well as delivery delays. The U.S. Post Office admits that processing plants are “overwhelmed.”
U.S. online holiday sales are expected to shatter previous records. Adobe Analytics, which measures sales at 80 of the top 100 U.S. online retailers, predicts a total of $189 billion in online holiday sales, a 33% increase compared to last year.
FedEx and United Parcel Service are girding for their biggest test yet in the e-commerce era, with the holiday shopping season pushed ever earlier and stretching the limits of shipping networks already strained by the COVID-19 pandemic.
Indiana Gov. Eric Holcomb said it would take years to clean up the 725-acre site, making it not financially viable.
Judge Jane Magnus-Stinson denied a request by former Celadon Group Inc. President William Meek to travel to a Mexican resort for a birthday celebration while he is awaiting trial on multiple fraud charges.
Indiana State University is at the forefront of the increasingly complicated and important world of packaging. It’s one of seven colleges in the U.S. to offer a four-year degree in package engineering technology.
The move has been long sought by the trucking industry but opposed by safety advocates who warn it could lead to more highway crashes.
Amazon said its new drones use computer vision and machine learning to detect and avoid people or clotheslines in backyards when landing.
The Indianapolis-based trucking company announced Friday that it has sold its intermodal operations to Winnipeg, Manitoba-based Bison Transport.
The Memphis, Tennessee-based company did not say how many positions it wants to eliminate or from what locations. But its Indianapolis International Airport hub is part of the Express division that will be targeted for the buyouts.
CEO Paul Svindland is recovering at home following surgery last week to remove a benign brain tumor, the Indianapolis-based trucking company said Tuesday.
The recommendation could raise costs for Amazon and other major businesses that are currently using the Postal Service to supplement their delivery operations.
Jeff Bezos boldly predicted five years ago that drones would be carrying Amazon packages to people's doorsteps by now. Amazon customers are still waiting.
Indiana currently operates Ohio River ports in Jeffersonville and Mount Vernon, and a Lake Michigan port at Burns Harbor.