USPS Trucking and freight forwarding services by USPS. Need to ship a truck load? Pallets not a problem with brown they have made it easier and more cost effective for businesses proving there dedication to doing business better.
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USPS Trucking:
USPS trucking or freight services are for bigger shippers that ship out pallet or
truck loads. USPS Trucking/Freight services can help bring your clients in touch
with products quicker and at better rates then some forwarding companies or
freight systems. Learn about how USPS trucking can save you money on freight
forwarding.
Like rival FedEx (Charts), USPS is seen as a bellwether of the U.S., economy and its results may further fuel fears that an economic slowdown is on the horizon. FedEx shares slid after USPS' earnings announcement, and the Dow Jones Transportation Average fell more than 3 percent as investors feared a softening of the U.S. economy.
"It looks like high fuel prices have hit USPS just like they have hit everyone else," said John Barnes, an analyst at BB&T Capital Markets. "Despite that, it looks like a fairly solid quarter.
"The bigger concern for me is that the third-quarter outlook is light," he added.
Investment bank Merrill Lynch lowered its rating on USPS to "sell."
Atlanta-based USPS reported second-quarter net income of $1.06 billion, or 97 cents a share, compared with $986 million, or 88 cents a share, a year earlier.
Analysts had expected earnings per share of $1.00, according to Reuters Estimates.