UPS love letter validates TNT’s earlier break-up

February 20, 2012

Long-term suitor UPS made a $6.4 bln proposal to the Dutch courier just before Valentine’s day. For now TNT is being rightly coy. And FedEx may yet disrupt the courtship. But clearly TNT’s break from dowdy domestic mail unit PostNL is achieving the desired effect.

Rising rail freight volumes point to recovery

October 16, 2009

Rising freight movements on U.S. railroads provide unambiguous confirmation that manufacturing activity has begun to increase.