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Fintech Focus For August 25, 2020
Monday, August 24, 2020 - 6:07pm | 2430Read More...Quote Of The Day: Dreaming, after all, is a form of planning. - Gloria Steinem Fintech Movers: A digital currency could also help the Fed implement monetary policy by setting interest rates on consumers' accounts holding the digital currency — analysts say this also could be a more...
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Fintech Focus For August 19, 2020
Tuesday, August 18, 2020 - 5:39pm | 1972Read More...Quote Of The Day: Central bank independence? Gone. - Ben Melkman Fintech Movers: Despite all the talk surrounding digital transformation and the changes that coronavirus has spurred on, not all traditional banks have achieved full digital transformation. - Banking Dive Wealth Builders taps...
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Fintech Focus For August 18, 2020
Monday, August 17, 2020 - 5:54pm | 1716Read More...Quote Of The Day: There's no evidence of a V-shaped spike in animal spirits commensurate with near record-high equity indices. - John Hill Fintech Movers: Acting Comptroller of the Currency Brian Brooks said Thursday he thinks banks will be connecting to blockchain the way they are connecting...
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UPS, FedEx Say They Don't Have Legal Status To Deliver Postal Ballots
Saturday, August 15, 2020 - 9:48am | 375Read More...What Happened: United Parcel Service (NYSE: UPS) and FedEx (NYSE: FDX) shot down social media calls stating they are unable to step in for the delivery of mail-in-ballots as they are not legally authorized to postmark the ballots, Reuters reported on Friday. UPS informed Reuters that state ballots...
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Trump's Battle Over US Postal Service Funding: What You Need To Know
Thursday, August 13, 2020 - 1:30pm | 604Read More...President Donald Trump said he plans to block additional funding for the United States Postal Service in an attempt to prevent mail-in voting in November. What Happened? On Thursday morning, Trump told Fox Business he plans to veto any emergency coronavirus relief bill that includes additional...
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Daily Infographic: Postal Service Overhaul
Wednesday, August 12, 2020 - 4:54pm | 82Read More...To read the full article, click here.
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USPS Online Tracking Restored After Outage
Monday, August 10, 2020 - 4:19pm | 356Read More...The U.S. Postal Service (USPS) has restored access to its online tracking system after an outage on Sunday left customers unable to check the status of deliveries on the agency's website. "All issues have been resolved," USPS spokesperson Roy Betts told FreightWaves in an email on Monday. Betts...
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'A Long Way To Go': Stock Market Update For The Week Ahead
Sunday, August 9, 2020 - 5:39pm | 3073Read More...The Past Week, In A Nutshell What Happened: Stocks closed the week higher after investors regained optimism regarding a sustained recovery. Remember This: “Earnings season has been very impressive so far, now you can couple that with the employment backdrop quickly improving as well. Not a...
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US Postal Service Volumes Grow 50% In Face Of Steep Loss
Friday, August 7, 2020 - 4:05pm | 589Read More...The U.S. Postal Service reported a nearly 50% increase in shipping and package volume in the latest quarter as a result of a surge in e-commerce due to COVID-19, one of the only bright spots in another quarter marked by steep losses, the agency announced on August 7. Shipping and package revenue...
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Postal Service reaches Agreement On $10 Billion Treasury Loan
Wednesday, July 29, 2020 - 4:37pm | 771Read More...The U.S. Postal Service (USPS) has reached an "agreement in principle" with the U.S. Treasury Department on a long-awaited $10 billion loan that the agency needs to survive a steep drop in mail volume and staggering financial losses. But the loan comes with a caveat: USPS must provide Treasury...
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Commentary: Degrees Of Freedom In The Skies
Tuesday, June 23, 2020 - 10:53am | 1239Read More...The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The airport landing slots used by commercial airlines for their domestic routes are quite valuable. The same can be said for landing slots used on international...
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Transplace Acquires Parcel Managed Transportation Platform ScanData
Tuesday, June 2, 2020 - 12:48pm | 594Read More...This morning Transplace announced the acquisition of ScanData, a parcel managed transportation platform that optimizes 400 million parcel shipments worth more than $2 billion annually. Transplace manages $9 billion of freight in its network of shippers and carriers, offering technology solutions...
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Will USPS Survive Despite Tanking Direct Mail Revenue?
Tuesday, May 26, 2020 - 12:40pm | 697Read More...All has not been well with the U.S. Postal Service (USPS) since the COVID-19 outbreak. Since March, it has curtailed international services in over 100 markets across the world. While this contributed to a slide in revenue, the USPS faces a real crisis within its bulk mail and advertising segment...
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Today's Pickup: DHL, REEF Technology Launch Eco-Friendly Cargo Bike Pilot
Friday, May 15, 2020 - 11:40am | 587Read More...Good day, DHL Express is partnering with parking and logistics magnate REEF Technology to pilot the use of four new low-power electric-assist e-Cargo Cycles for deliveries across Miami. The three-wheeled cycles are equipped with accompanying cargo containers and are capable of pulling up to...
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USPS on horns of dilemma as it weighs parcel rate hikes
Friday, May 15, 2020 - 11:18am | 914Read More...On Thursday afternoon, The Washington Postreported that the quasi-governmental agency has begun a review of its final-mile parcel delivery business with an eye toward implementing a significant rate increase. USPS has been raising its last-mile delivery rates for several years, and any dramatic...








