FedEx’s fiscal first-quarter results give efficiency the nod over growth. (Photo: Jim Allen/FreightWaves)
FedEx beat analysts’ estimates despite downgrading its full-year revenue outlook.
A new service called Roadie Direct integrates technology to provide fast delivery from warehouse locations.
Josh Taylor of Shipware shares his expertise on how dynamic pricing will impact the way parcel-delivery services will be bought and sold.
Parcel shipping is a different world today thanks to increasing demand and complex delivery infrastructure.
The Postal Service is adding 10 million parcels’ worth of processing capacity to its network this peak season.
With Oracle and Uber Direct, retailers can now offer same-day delivery and returns.
Free shipping remains a make-or-break deal for many online orders, a Ryder survey finds.
Clearjet combines narrowbody aircraft lift and regional ground parcel delivery carriers to offer air service at ground rates.
OnTrac’s holiday surcharges will be similar to those of FedEx and UPS.
DeliveryDefense assesses delivery risk levels in shipping to certain addresses in various regions.
The new Amazon Shipping service is available to big shippers in 15 major markets.
Truckers in Georgia will save 35 cents a gallon on fill-ups at least through Oct. 12.
GXO has expanded into high-end verticals with its acquisition of PFSweb.
A higher range of general rate increases is here to stay, consultants said at the Parcel Forum.
Supply Chain by Amazon is a full-service operation for all retail channels.
UPS’ main levies are slightly above FedEx’s levels.
UPS will likely match FedEx’s rate moves unless labor cost pressures force its hand.
UPS’ noncontract rates for 2024 will take effect Dec. 26.
The NRF has bought a leading trade group to expand its sustainability solutions for members.
Green Mountain and Reveel plan to offer complimentary services to the parcel shipping market.
Reported incidents of cargo theft are well above historical norms, CargoNet reports.
FedEx’s 2024 rate increases highlight the many moving parts that UPS will need to manage.
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.
FedEx is levying a 5.9% general rate increase on Express and Ground shipments in a possible attempt to undercut UPS.
The scarred areas of Maui remain an active incident area, ALAN’s Kathy Fulton says.
The new agreement passed by the largest margin in the history of UPS-Teamsters contracts.
Effective Sept. 4, all FedEx surcharges will be known as “demand” levies.
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.
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.
Amazon Shipping appears to cater to businesses that may want to use the company just for parcel deliveries.
ALAN has expanded its website to include information about recovery needs in Hawaii.
NOAA now says there is double the chance for above-normal Atlantic hurricane activity from May forecasts.
The U.S. Postal Service’s non-GAAP loss nearly doubled year over year, while shipping volume was down slightly and revenue was flat.
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.
About 1 million daily packages were diverted from UPS and 200,000 more did not enter the system due to lost sales.
UPS’ full-year guidance change reflects the volume and cost impact from labor negotiations with the Teamsters.
Spencer Patton says a widening wage and benefit gap with rival UPS will make it hard for FedEx Ground contractors to recruit qualified drivers.
Using an asset-light model, JHT delivers new trucks to dealerships and customers.
Amazon’s earnings per share of 65 cents nearly doubled consensus estimates.
GXO Logistics is one of few companies to better its 2023 estimates and raise its guidance.
GXO’s full-year EPS guidance was raised by 5 cents, while adjusted EBITDA was increased by $10 million.
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.
DHL Group forecasts $7.7 billion in earnings before interest and taxes should a recovery take hold early in the second half.
Yellow’s demise is a “huge benefit for our industry,” TFI International CEO Bedard says.
Teamsters local unions representing 340,000 full- and part-time workers at UPS Inc. voted Monday to endorse the tentative five-year agreement.
Volume declines ate into TFI International’s revenue in the second quarter.
About half of diverted parcels, almost exclusively to FedEx, will not return to UPS, consultancy ShipMatrix says.
Same-day or next-day Prime deliveries are four times greater than in 2019, Amazon’s Herrington says.
AFS Logistics CEO Tom Nightingale says that UPS’ efficiencies can’t offset “astronomical” cost increases alone.
Growing wage disparity between carriers may fuel resentment among FedEx Ground drivers, Alan Amling argues.
A tentative contract between UPS and the Teamsters doubles wage increases for part-time workers over the current pact.
Adrian Stoch will head GXO’s fast-growing automation efforts.
As UPS labor negotiations are set to resume, the Teamsters gather for a rally Saturday in Atlanta.
Big-box facility leasing dropped 36% year over year, CBRE says.
It will be difficult, if not impossible, to avoid a mess if shippers haven’t laid out contingencies for a Teamsters strike against UPS.
FedEx will focus its resources on shippers who use both it and UPS, Shipware’s Karamcheti says.
Democrats said they respect workers’ rights to strike in the event negotiations between the Teamsters and UPS fail.
Lowe’s expanded same-day delivery service leverages OneRail’s OmniPoint platform and network of 12 million drivers.
The Teamsters union says UPS bowed to union pressure to resume talks. UPS says it is “pleased to be back” at the table.
Attracting and keeping top talent requires a consistent focus on communication, says Sadie Church of Artur Express.
The hiring of John W. Dietrich as CFO is part of a broad finance revamp at FedEx.
Work at UPS may continue past July 31 should the Teamsters’ rank and file need to weigh contract terms.
UPS’ nonunion employees have begun training for a possible work stoppage.
The industrial real estate market is beginning to revert back to solid pre-pandemic levels, a Cushman & Wakefield report says.
A collective bargaining agreement between TForce Freight and the Teamsters comes 18 days before the current contract expires.
The mobile vehicle maintenance service Torque by Ryder is now available in seven states.
The Digital LTL Council’s API road map will cover the freight data stream from “quote to cash.”
Redwood’s CEO says the acquisition of Rockfarm strengthens its “modern 4PL” capabilities.
Thousands of driver and package handler jobs could be lost if the Teamsters strike UPS, the head of consultancy ShipMatrix says.
DHL Express cut the ribbon Thursday on the first hub ever opened in Atlanta by an air express carrier.
FedEx is encouraging UPS shippers to get off the fence today. It is also setting policies for onboarding.
Single-sourcing of carriers doesn’t guarantee the best prices, experts say.
No new talks are scheduled after the Teamsters rejected a UPS proposal.
The Teamsters on Friday said “significant movement” being made with UPS, but that it will not prevent them from continuing to exercise “leverage.”
A heavily competitive marketplace will restrain price increases at UPS, experts say.
Contract rhetoric with UPS has ratcheted up as the Teamsters walk away from the table and issue a new ultimatum.
Without agreement, Teamsters General President Sean M. O’Brien will demand UPS present its last, best and final offer.
The newly approved Ground Advantage product combines three existing Postal Service offerings into one.
About 94% of transportation executives said consumer demand for more sustainable products is driving industry action.
The Teamsters union says it will not meet with UPS again unless the company provides a better proposal.
UPS and the Teamsters union have wrapped up noneconomic issues. The hard part, economic issues, lies ahead.
Long-term pricing trends don’t budge much, a L’Oréal executive says.
The Teamsters and UPS have reached a tentative agreement on more than 40 noneconomic issues.
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.
Express operations will be in charge of FedEx’s unified Ground and Express network in Canada.
OnTrac said about three-quarters of retailers surveyed plan to invest in two-day delivery over the next two years.
About $2.3 trillion was spent to keep the nation’s logistics system operating in 2022, according to the 34th State of Logistics Report.
UPS Teamsters voted overwhelmingly Friday to authorize its leadership to call a strike if a deal isn’t reached by July 31.
Most consumers are interested in knowing more about eco-friendly delivery methods, a Descartes study finds.
UPS has told the Teamsters union it will install air conditioning and air induction vents in its package cars, union tweets.
GLS will handle the first and middle miles before handing off parcels to local partners.
Auctane’s acquisition of Return Rabbit aims to address siloed offerings in returns management.
UPS commits to 50% of Surepost packages being redirected from the Postal Service to UPS by the end of the next contract.
Weak market in 2023 won’t matter when rate hike time rolls around.
GXO is starting its multiyear German expansion plan through the use of warehouse in Dormagen.
The Teamsters’ 340,000 rank-and-file ready a vote to determine if strike should be authorized.
David Bozeman may have a ways to go to get comfortable at C.H. Robinson, but he has been around the block.
Two new Saddle Creek facilities have opened. Another will open next month, followed by a fourth in 2024.
STG Logistics’ acquisition of Best Dedicated Solutions will add expedited, dry van, temperature-controlled and flatbed OTR transportation to STG’s existing services.