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Sensex, Nifty Trade Flat After Rebound; Rupee Gains on Foreign Inflows, Asian Markets Mixed US Sanctions Iran’s Hormuz ‘Extortion Scheme’ and Eight Shadow Tankers Drone strike hits FSRU and LNG carrier at Egypt's Damietta terminal, extending maritime conflict into Mediterranean Houthis Weigh Toll Scheme for Red Sea Shipping as Attacks Shift to Revenue Generation Commerce Minister Piyush Goyal Reviews Export Ecosystem with Councils and Industry Bodies India’s Merchandise Exports Rise 15 Percent Despite Red Sea Crisis and Global Turmoil, Says Minister COSCO Shipping Development Orders 15 Newcastlemax Bulk Carriers in $1.1 Billion Fleet Expansion Crude Oil Futures Fall Despite Intensified US-Iran Strikes in West Asia The Chemical Blind Spot in Ballast Water Treatment: Unmonitored Bromoform Risks to Ports and Shipping AstraZeneca India Buys First Group Cancer Top-Up Cover for 25,000 Employees Sensex, Nifty Trade Flat After Rebound; Rupee Gains on Foreign Inflows, Asian Markets Mixed US Sanctions Iran’s Hormuz ‘Extortion Scheme’ and Eight Shadow Tankers Drone strike hits FSRU and LNG carrier at Egypt's Damietta terminal, extending maritime conflict into Mediterranean Houthis Weigh Toll Scheme for Red Sea Shipping as Attacks Shift to Revenue Generation Commerce Minister Piyush Goyal Reviews Export Ecosystem with Councils and Industry Bodies India’s Merchandise Exports Rise 15 Percent Despite Red Sea Crisis and Global Turmoil, Says Minister COSCO Shipping Development Orders 15 Newcastlemax Bulk Carriers in $1.1 Billion Fleet Expansion Crude Oil Futures Fall Despite Intensified US-Iran Strikes in West Asia The Chemical Blind Spot in Ballast Water Treatment: Unmonitored Bromoform Risks to Ports and Shipping AstraZeneca India Buys First Group Cancer Top-Up Cover for 25,000 Employees

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Postal Service Moves Half of Long-Distance Mail by Air Just to Satisfy UPS Contract

Air Freight #postal service#ups

Postal Service Moves Half of Long-Distance Mail by Air Just to Satisfy UPS Contract

The U.S. Postal Service is flying 50% of long-distance First-Class mail by air to meet minimum volume commitments under its new UPS air cargo contract, according to a report by the Office of Inspector General. This contradicts the Postal Service's Delivering for America plan to shift more mail to cheaper surface transportation. The contract, valued at over $10 billion, has forced USPS to put marketing mail on planes for the first time.

Jul 9, 2026 1 source