NEW YORK, NY--(Marketwire - Oct 17, 2012) - For companies in the air delivery and freight services industry, such as FedEx Corporation and United Postal Service Inc., the Chinese slowdown and the sluggish pace of the U.S. recovery are causes for concern. The manufacturing business in Asia has been losing momentum as soft demand from Europe and to a lesser extent the U.S. have led to two straight months of contractions in factory activity. Get your free reports on FedEx Corporation and United Parcel Service Inc. at http://www.ShinesRooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join.
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Industry players seem to be working hard to improve profitability in the challenging environment. FedEx recently announced its implementation of programs dedicated to making annual profitability improvements of $1.7 billion over the next three years. Considerable cost reductions at FedEx Express and FedEx Services are expected to make up a large portion of the program. FedEx Corporation report is accessible for free by registering today at
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Meanwhile, United Parcel Service could be facing some hurdles in its intended takeover of Dutch package delivery company TNT Express. The company will reportedly be served with a formal complaint from the European Commission which is close to wrapping up its investigation. United Parcel Service Inc. report is accessible for free by registering today at
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