Shipping

TNT Express to Lay Off 4,000 Employees

Dutch shipping company TNT Express says it will sell its overseas business and cut 4,000 jobs to reduce costs. More 

Shape Up and Ship Out Profits with Diana Shipping (DSX)

Increased global demand for grains and feed stock will be a key driver of revenue for dry ship stocks like Diana Shipping (DSX), and momentum is picking up. More 

Time to Hop Off Transportation Stocks

This sector jumped 20% in less than three months amid growing optimism about the economy. That run-up is about over. More 

The Deal’s Off … UPS Gives Up on $6.9B Takeover

UPS is abandoning its $6.9 billion acquisition of Dutch shipper TNT Express after encountering objections from European regulators. More 

Great Upside for Great Lakes Dredge & Dock

The charts are pointing to plenty of blue skies ahead for Great Lakes Dredge & Dock Company, a niche shipping play. More 

Study Will Look at Taking Parts of Postal Service Private

The National Academy of Public Administration will investigate proposals open some Postal Service functions to private companies. More 

UPS Driver Caught on Video Swiping FedEx Package

A UPS driver has been charged with theft after a video camera recorded him stealing an iPad Mini delivered to a Houston family by FedEx. More