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Mark Solomon

Formerly the Executive Editor at DC Velocity, Mark Solomon joined FreightWaves as Managing Editor of Freight Markets. Solomon began his journalistic career in 1982 at Traffic World magazine, ran his own public relations firm (Media Based Solutions) from 1994 to 2008, and has been at DC Velocity since then. Over the course of his career, Solomon has covered nearly the whole gamut of the transportation and logistics industry, including trucking, railroads, maritime, 3PLs, and regulatory issues. Solomon witnessed and narrated the rise of Amazon and XPO Logistics and the shift of the U.S. Postal Service from a mail-focused service to parcel, as well as the exponential, e-commerce-driven growth of warehouse square footage and omnichannel fulfillment.
Sep - 2023 -
20 September
Mark Solomon

FedEx cost cuts outrunning revenue weakness, for now

FedEx’s fiscal first-quarter results give efficiency the nod over growth. (Photo: Jim Allen/FreightWaves)

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Mark Solomon

FedEx’s bottom line gets boost from cost reductions

FedEx beat analysts’ estimates despite downgrading its full-year revenue outlook.

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Mark Solomon

Roadie launches same-day delivery from local warehouses

A new service called Roadie Direct integrates technology to provide fast delivery from warehouse locations.

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Mark Solomon

How will dynamic pricing shape parcel’s future?

Josh Taylor of Shipware shares his expertise on how dynamic pricing will impact the way parcel-delivery services will be bought and sold.

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Mark Solomon

Creating a new, nimble parcel world

Parcel shipping is a different world today thanks to increasing demand and complex delivery infrastructure.

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19 September
Mark Solomon

No peak-season delivery surcharges, Postal Service says

The Postal Service is adding 10 million parcels’ worth of processing capacity to its network this peak season.

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Mark Solomon

Oracle, Uber team up to offer last-mile deliveries

With Oracle and Uber Direct, retailers can now offer same-day delivery and returns.

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Mark Solomon

Ryder survey finds faster online delivery back in modest vogue  

Free shipping remains a make-or-break deal for many online orders, a Ryder survey finds.

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18 September
Mark Solomon

Clearjet leverages narrowbody aircraft for air parcel service at ground rates

Clearjet combines narrowbody aircraft lift and regional ground parcel delivery carriers to offer air service at ground rates.

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15 September
Mark Solomon

OnTrac announces holiday surcharges

OnTrac’s holiday surcharges will be similar to those of FedEx and UPS.

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Mark Solomon

UPS Capital rolls out program to reduce package theft

DeliveryDefense assesses delivery risk levels in shipping to certain addresses in various regions.

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14 September
Mark Solomon

Amazon rolls out deferred shipping service

The new Amazon Shipping service is available to big shippers in 15 major markets.

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Mark Solomon

Georgia governor suspends motor fuel taxes

Truckers in Georgia will save 35 cents a gallon on fill-ups at least through Oct. 12.

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13 September
Mark Solomon

Shippers face new normal in parcel rate increases, consultants say

A higher range of general rate increases is here to stay, consultants said at the Parcel Forum.

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12 September
11 September
Mark Solomon

UPS rolls out peak delivery surcharges

UPS’ main levies are slightly above FedEx’s levels.

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08 September
Mark Solomon

FedEx keeps rate, surcharge increases relatively modest for ’24

UPS will likely match FedEx’s rate moves unless labor cost pressures force its hand.

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07 September
Mark Solomon

UPS to raise tariff rates 5.9%, matching FedEx

UPS’ noncontract rates for 2024 will take effect Dec. 26.

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Mark Solomon

National Retail Federation acquires Reverse Logistics Association

The NRF has bought a leading trade group to expand its sustainability solutions for members.

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Mark Solomon

Parcel solution providers team up

Green Mountain and Reveel plan to offer complimentary services to the parcel shipping market.

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01 September
Mark Solomon

Labor Day amplifies increase in cargo thefts in 2023

Reported incidents of cargo theft are well above historical norms, CargoNet reports.

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Mark Solomon

With FedEx GRI in books, ball now in UPS’ court

FedEx’s 2024 rate increases highlight the many moving parts that UPS will need to manage.

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Aug - 2023 -
30 August
Mark Solomon

Supply chains ready to support Idalia recovery, ALAN head says

Supply chains are in good shape, and Hurricane Idalia mostly spared key supply nodes, according to the executive director of the American Logistics Aid Network. 

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29 August
Mark Solomon

FedEx’s 2024 rate increase below prior-year levels 

FedEx is levying a 5.9% general rate increase on Express and Ground shipments in a possible attempt to undercut UPS.

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25 August
Mark Solomon

Maui warehouses, DCs overflowing with donations

The scarred areas of Maui remain an active incident area, ALAN’s Kathy Fulton says.

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22 August
Mark Solomon

Teamsters overwhelmingly ratify UPS contract 

The new agreement passed by the largest margin in the history of UPS-Teamsters contracts.

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Mark Solomon

FedEx drops ‘peak’ from surcharge vocabulary

Effective Sept. 4, all FedEx surcharges will be known as “demand” levies.

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21 August
Mark Solomon

Teamsters voting on UPS contract could conclude Tuesday

The counting of Teamsters’ ballots to determine whether the union’s tentative contract with UPS will be ratified is expected to be completed by midafternoon Tuesday.

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17 August
Mark Solomon

Walmart posts strong quarterly results, lifts guidance

Walmart posted revenue gains of 5.7% in its fiscal 2024 second quarter, paced by a 6.4% gain in U.S. same-store sales.

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15 August
Mark Solomon

Amazon unveils deferred ground delivery service

Amazon Shipping appears to cater to businesses that may want to use the company just for parcel deliveries.

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10 August
Mark Solomon

ALAN mobilizes in response to Hawaii wildfires

ALAN has expanded its website to include information about recovery needs in Hawaii.

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Mark Solomon

Above-normal Atlantic hurricane activity now forecast

NOAA now says there is double the chance for above-normal Atlantic hurricane activity from May forecasts.

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09 August
Mark Solomon

Postal Service loss widens in fiscal 3rd quarter 

The U.S. Postal Service’s non-GAAP loss nearly doubled year over year, while shipping volume was down slightly and revenue was flat.

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Mark Solomon

Historic drop in China volumes curbs global parcel growth

Once the world’s hottest parcel market, China hit the skids in 2022 as the economy experienced a frail recovery from the pandemic, a Pitney Bowes report said.

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08 August
Mark Solomon

UPS suffered larger-than-expected shipment losses due to labor concerns

About 1 million daily packages were diverted from UPS and 200,000 more did not enter the system due to lost sales.

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Mark Solomon

UPS lowers full-year outlook, posts drop in Q2 results

UPS’ full-year guidance change reflects the volume and cost impact from labor negotiations with the Teamsters.

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Mark Solomon

Former contractor says FedEx Ground must address driver wage disparity with UPS

Spencer Patton says a widening wage and benefit gap with rival UPS will make it hard for FedEx Ground contractors to recruit qualified drivers.

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07 August
Mark Solomon

TFI acquires truck transport provider JHT

Using an asset-light model, JHT delivers new trucks to dealerships and customers.

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03 August
Mark Solomon

Amazon blows past EPS estimates, shares rise

Amazon’s earnings per share of 65 cents nearly doubled consensus estimates.

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Mark Solomon

GXO results a port in a global logistics storm

GXO Logistics is one of few companies to better its 2023 estimates and raise its guidance.

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02 August
Mark Solomon

GXO posts strong quarterly results, raises full-year outlook

GXO’s full-year EPS guidance was raised by 5 cents, while adjusted EBITDA was increased by $10 million.

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Mark Solomon

UPS can offset higher labor costs with modest rate hikes, analyst says

Deutsche Bank’s Amit Mehrotra says cumulative 8.8% per-package increases over five years should balance out elevated labor costs for the UPS contract duration.

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01 August
Mark Solomon

DHL posts decent Q2 results despite economic headwinds

DHL Group forecasts $7.7 billion in earnings before interest and taxes should a recovery take hold early in the second half.

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Mark Solomon

TFI seeing shipment influx in wake of Yellow’s demise

Yellow’s demise is a “huge benefit for our industry,” TFI International CEO Bedard says.

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Jul - 2023 -
31 July
Mark Solomon

Teamsters locals overwhelmingly endorse UPS tentative contract

Teamsters local unions representing 340,000 full- and part-time workers at UPS Inc. voted Monday to endorse the tentative five-year agreement.

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Mark Solomon

TFI posts weaker top-, bottom-line results in Q2

Volume declines ate into TFI International’s revenue in the second quarter.

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Mark Solomon

Estimated 5% of UPS’ daily parcels diverted due to strike concerns

About half of diverted parcels, almost exclusively to FedEx, will not return to UPS, consultancy ShipMatrix says.

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Mark Solomon

Viewpoint: Amazon speeds up its fast-delivery capabilities post-COVID

Same-day or next-day Prime deliveries are four times greater than in 2019, Amazon’s Herrington says.

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27 July
Mark Solomon

UPS shippers may face double-digit rate increases in wake of contract

AFS Logistics CEO Tom Nightingale says that UPS’ efficiencies can’t offset “astronomical” cost increases alone.

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26 July
Mark Solomon

5 early takeaways from UPS-Teamsters agreement

Growing wage disparity between carriers may fuel resentment among FedEx Ground drivers, Alan Amling argues.

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25 July
Mark Solomon

UPS, Teamsters reach tentative contract

A tentative contract between UPS and the Teamsters doubles wage increases for part-time workers over the current pact.

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Mark Solomon

GXO names chief automation officer

Adrian Stoch will head GXO’s fast-growing automation efforts.

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22 July
Mark Solomon

Teamsters rally in Atlanta ahead of UPS negotiations

As UPS labor negotiations are set to resume, the Teamsters gather for a rally Saturday in Atlanta.

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21 July
Mark Solomon

5 things to know with the UPS-Teamsters clock ticking

It will be difficult, if not impossible, to avoid a mess if shippers haven’t laid out contingencies for a Teamsters strike against UPS.

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20 July
Mark Solomon

Non-FedEx shippers may lose out if strike occurs at UPS, consultant says

FedEx will focus its resources on shippers who use both it and UPS, Shipware’s Karamcheti says.

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Mark Solomon

Senate Dems pledge to stay out of UPS-Teamsters dispute

Democrats said they respect workers’ rights to strike in the event negotiations between the Teamsters and UPS fail.

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19 July
Mark Solomon

Lowe’s partnership with OneRail expands same-day delivery nationwide

Lowe’s expanded same-day delivery service leverages OneRail’s OmniPoint platform and network of 12 million drivers.

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Mark Solomon

UPS, Teamsters to return to table

The Teamsters union says UPS bowed to union pressure to resume talks. UPS says it is “pleased to be back” at the table.

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Mark Solomon

Get down to basics to attract drivers

Attracting and keeping top talent requires a consistent focus on communication, says Sadie Church of Artur Express.

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17 July
Mark Solomon

FedEx names ex-Atlas CEO as new CFO

The hiring of John W. Dietrich as CFO is part of a broad finance revamp at FedEx.

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Mark Solomon

Teamsters oppose White House involvement in UPS talks

Work at UPS may continue past July 31 should the Teamsters’ rank and file need to weigh contract terms.

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14 July
Mark Solomon

UPS begins ‘business continuity’ training to prep for strike

UPS’ nonunion employees have begun training for a possible work stoppage.

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13 July
Mark Solomon

Industrial real estate cools but remains healthy 

The industrial real estate market is beginning to revert back to solid pre-pandemic levels, a Cushman & Wakefield report says.

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Mark Solomon

TForce, Teamsters reach tentative 5-year contract

A collective bargaining agreement between TForce Freight and the Teamsters comes 18 days before the current contract expires.

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12 July
Mark Solomon

Ryder rolls out mobile vehicle maintenance service

The mobile vehicle maintenance service Torque by Ryder is now available in seven states.

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Mark Solomon

NMFTA council developing API road map for end-to-end data

The Digital LTL Council’s API road map will cover the freight data stream from “quote to cash.”

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11 July
Mark Solomon

Redwood acquires Rockfarm Supply Chain Solutions

Redwood’s CEO says the acquisition of Rockfarm strengthens its “modern 4PL” capabilities.

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10 July
Mark Solomon

Consultant: Strike could cost UPS 30% of diverted volume

Thousands of driver and package handler jobs could be lost if the Teamsters strike UPS, the head of consultancy ShipMatrix says.

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06 July
Mark Solomon

DHL Express christens Atlanta regional hub

DHL Express cut the ribbon Thursday on the first hub ever opened in Atlanta by an air express carrier.

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Mark Solomon

FedEx advises UPS shippers to get on board now

FedEx is encouraging UPS shippers to get off the fence today. It is also setting policies for onboarding.

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05 July
Mark Solomon

Avoid single-sourcing is the message as UPS-Teamsters talks stall

Single-sourcing of carriers doesn’t guarantee the best prices, experts say.

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Mark Solomon

UPS, Teamsters talks collapse

No new talks are scheduled after the Teamsters rejected a UPS proposal.

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Jun - 2023 -
30 June
Mark Solomon

UPS, Teamsters make ‘significant movement’ on economic terms in contract

The Teamsters on Friday said “significant movement” being made with UPS, but that it will not prevent them from continuing to exercise “leverage.”

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Mark Solomon

UPS may find it hard to pass along higher labor costs

A heavily competitive marketplace will restrain price increases at UPS, experts say.

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28 June
Mark Solomon

Teamsters demand UPS present last, best, final offer by Friday

Contract rhetoric with UPS has ratcheted up as the Teamsters walk away from the table and issue a new ultimatum.

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27 June
Mark Solomon

Teamsters president tells UPS union wants tentative agreement in 1 week

Without agreement, Teamsters General President Sean M. O’Brien will demand UPS present its last, best and final offer.

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26 June
Mark Solomon

Regulators OK Postal Service’s Ground Advantage product

The newly approved Ground Advantage product combines three existing Postal Service offerings into one.

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Mark Solomon

Survey: Cutting emissions a top 2024 priority in transportation sector

About 94% of transportation executives said consumer demand for more sustainable products is driving industry action.

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23 June
Mark Solomon

Teamsters reject UPS’ first economic counterproposal

The Teamsters union says it will not meet with UPS again unless the company provides a better proposal.

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Mark Solomon

UPS, Teamsters agree to 55 noneconomic contract issues

UPS and the Teamsters union have wrapped up noneconomic issues. The hard part, economic issues, lies ahead.

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21 June
Mark Solomon

The past is prologue in trucking, Banfield says

Long-term pricing trends don’t budge much, a L’Oréal executive says.

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Mark Solomon

Teamsters, UPS come to terms on all noneconomic issues

The Teamsters and UPS have reached a tentative agreement on more than 40 noneconomic issues.

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Mark Solomon

FedEx posts mixed fiscal Q4 results

Year-on-year revenue at FedEx was down $2.7 billion, while diluted earnings per share beat estimates slightly; CFO Michael Lenz plans to retire at the end of July.

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20 June
Mark Solomon

FedEx to merge Express, Ground operations in Canada

Express operations will be in charge of FedEx’s unified Ground and Express network in Canada.

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Mark Solomon

Speed still rules in home delivery, study finds

OnTrac said about three-quarters of retailers surveyed plan to invest in two-day delivery over the next two years.

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Mark Solomon

US business logistics costs soared in 2022, report finds

About $2.3 trillion was spent to keep the nation’s logistics system operating in 2022, according to the 34th State of Logistics Report.

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16 June
Mark Solomon

UPS Teamsters overwhelmingly authorize strike

UPS Teamsters voted overwhelmingly Friday to authorize its leadership to call a strike if a deal isn’t reached by July 31.

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15 June
Mark Solomon

Descartes study: Retailers’ sustainable home delivery efforts lacking

Most consumers are interested in knowing more about eco-friendly delivery methods, a Descartes study finds.

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13 June
Mark Solomon

UPS agrees to install air conditioning in package cars

UPS has told the Teamsters union it will install air conditioning and air induction vents in its package cars, union tweets.

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Mark Solomon

Regional parcel carrier GLS expands eastward

GLS will handle the first and middle miles before handing off parcels to local partners.

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12 June
Mark Solomon

Auctane expands into returns with acquisition of Return Rabbit 

Auctane’s acquisition of Return Rabbit aims to address siloed offerings in returns management.

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09 June
Mark Solomon

UPS must negotiate with Teamsters before introducing new technologies

UPS commits to 50% of Surepost packages being redirected from the Postal Service to UPS by the end of the next contract.

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08 June
Mark Solomon

Look for hefty rate hikes in 2024, parcel consultants say

Weak market in 2023 won’t matter when rate hike time rolls around.

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Mark Solomon

GXO plans multiyear expansion in Germany

GXO is starting its multiyear German expansion plan through the use of warehouse in Dormagen.

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07 June
Mark Solomon

Teamsters to begin process to authorize leaders to strike UPS

The Teamsters’ 340,000 rank-and-file ready a vote to determine if strike should be authorized.

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06 June
Mark Solomon

Bozeman has a proving curve at C.H. Robinson

David Bozeman may have a ways to go to get comfortable at C.H. Robinson, but he has been around the block.

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Mark Solomon

Saddle Creek adding 4 warehouses

Two new Saddle Creek facilities have opened. Another will open next month, followed by a fourth in 2024.

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05 June
Mark Solomon

STG acquires Best Dedicated to beef up OTR solutions

STG Logistics’ acquisition of Best Dedicated Solutions will add expedited, dry van, temperature-controlled and flatbed OTR transportation to STG’s existing services.

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