This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Wells Fargo Insurance And TransGuardian: Using The USPS To Enhance High Value Shipping

Stocks in this article: WFC

As the first company to operate the Pony Express in 1861, Wells Fargo & Company (NYSE:WFC) is continuing its long-standing tradition of helping to transport valuables. Today, Wells Fargo Insurance announced it is working with TransGuardian and the U.S. Mail to securely and cost-effectively expedite shipping of high value parcels throughout the U.S.

“Wells Fargo Insurance is pleased to work with TransGuardian to offer higher limits, more comprehensive terms, and better pricing to shippers of gems, jewelry, watches and other high-value cargoes,” said Michael Fitzpatrick, vice president and senior sales executive with Wells Fargo Insurance. “This enhances the supply chain dramatically in whole vertical markets. In a challenging economy, we think we’re about to make history in the field of high-value mail shipments once again.”

TransGuardian develops transportation management software that insures and protects small parcels in transit. With its software, the company automates the registered mail process by printing a single Intelligent Mail Postal Barcode (IMpB) label online. The IMpB enhances online, real-time tracking and accelerates the registered mail service. Through its policy, brokered by Wells Fargo Insurance, TransGuardian provides insurance for the first $25,000 and up to $150,000 of registered mail per parcel. Together, this ensures a secure, cost effective, 2-3-day shipping option for high value parcels including diamonds, jewelry, watches and precious metals.

“TransGuardian has been a strong postal advocate since 2008,” said TransGuardian CEO Jim Moseley. “With the support of Wells Fargo Insurance, we are making Registered Mail more affordable, efficient, trackable, and accessible. In 1958, Harry Winston shipped the Hope Diamond by Registered Mail, and in this last year, internationally famous jewelers, watchmakers, and gold dealers have transferred hundreds of millions of dollars of their business, under our insurance policy, to the USPS. Our clients are saving 50%, streamlining labor, and giving greater satisfaction to their buyers. In a tough economy, this is a major boost to US businesses that collectively turn over $40 billion per year.”

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs