A whopping 35 big-box warehouse facilities were built on “spec” construction, 46% above the previous record, Colliers says.

La compañía dice que está “reasignando” conductores en respuesta a la desaceleración de la demanda

The UPS-Teamsters contract’s so-called 22.4 classification is unpopular with the union because it is seen as an unjustified second-class role for drivers.

Many players have entered the U.S. parcel-delivery market in the past five years. They all lack the scale to efficiently manage millions of diverted parcels should the Teamsters strike UPS, experts said.

U.S. Postal Service is aiming its two- to five-day delivery window at budget-conscious shippers and consumers.

The Postal Service is hit by higher costs, slowing package volumes.

Transaction volume fell 35% in the fourth quarter as investors reassessed the industrial real estate market in the wake of interest rate hikes, a JLL report showed.

Shares are trading down sharply after Forward Air reported shipping fewer pieces per shipment than expected in the fourth quarter.

Transport company RXO, coming off a solid performance in its first quarter as a stand-alone entity, is “positioning ourselves for the inflection,” according to CEO Drew Wilkerson.

Transportation firm RXO reports a 19.6% gross margin in the fourth quarter, with brokerage gross margins clocking in at 17.9%.

Un analista afirma que la participación del 4% de TFI en ArcBest es el preludio de una oferta de adquisición

TFI’s chief downplayed any talk that goes beyond operational synergies, but analyst Jason Seidl said TFI wants to marry ArcBest.

TFI posted in-line fourth-quarter EPS. Revenue was down in a tough operating environment.

Los despidos sin precedentes en FedEx han dejado atónitos a empleados actuales y antiguos 

For more than 50 years, a familylike bond has existed between FedEx management and employees. After a round of job cuts unprecedented in scope, that bond rests on shaky ground.

FedEx Freight on Friday announced the second round of temporary furloughs of drivers in past three months.

FedEx Office plans to focus on other growth opportunities after retiring its SameDay City service, FedEx Corp. says.

Las acciones suben porque la empresa se pone religiosa con la reducción de costos

Amazon posts solid revenue but retreats on operating and net income.

Wednesday’s announcement of high-level cost cuts, along with word of 12,000 job reductions in all, has sent shares soaring and analysts reevaluating opinions of the company.

The initiative has built “stickiness” with drivers, broadened access to carrier capacity and resulted in better service, according to the company’s brokerage head.

A CBRE report indicates that mega-warehouse leasing activity stayed strong in 2022 and will remain that way in 2023.

The announcement is part of a reduction of 12,000 jobs since FedEx’s 2023 fiscal year began.

In a first for the FedEx unit, it will reward or punish driver contractors based on whether they attain gold, silver or bronze grades.

UPS’ CFO warns of a “bumpy road” ahead, while its CEO extends an olive branch of sorts to the Teamsters ahead of contract talks.

The National Motor Freight Traffic Association has been getting along for nearly 67 years. Now with new leadership and an expanded road map, it’s finally getting going.

Current battery-charging cycles could compromise LTL network efficiency, according to the president of AAA Cooper Transportation.

A survey of nearly 1,000 drivers found that carriers generally allow them to return home whenever they want, or not to return home at all.

La gran mayoría de los encuestados afirma que los transportadores satisfacen las preferencias de los conductores en carretera y fuera de ella.

Demand remains too unsteady to support multiple rate jumps, according to less-than-truckload executives.

The CFO of contract logistics firm GXO Logistics says labor costs are cooling but U.S. warehouse space remains tight.

Walmart’s hiring initiative, which began with recruiting supply chain workers, is broadened to include all associates within a 50-mile radius of hiring offices.

La empresa contratará a asociados elegibles que no pertenezcan a la cadena de suministro

Teamsters United said if the Postal Service can respect the King holiday, UPS should as well.

The Transportation Intermediaries Association and the Cincinnati Association for the Blind & Visually Impaired are partnering to create brokerage opportunities for those with vision impairment.

The contract logistics provider sees a solid demand for the next five years.

The remarkably buoyant Chicago industrial real estate market faces supply shortages and elevated rents as big investors step back, Colliers says.

Things get noisy at the union’s two-day meeting to begin reviewing thousands of negotiating proposals.

El número 2 del sindicato dice que la neutralidad de costos está fuera de juego, ya que espera obtener de UPS lo que “merecen sus miembros”.

Move will add 35.6 cents a gallon to truckers’ fuel tab.

Andrew Clarke, the ex-C.H. Robinson Worldwide executive, would relish the opportunity to return as its CEO, according to sources.

FedEx Freight Direct now offers returns of big and bulky items.

Capacity investments and slowing online demand helped carriers hit their peak-season delivery targets, according to ShipMatrix.

Analysts waxed pessimistic about C.H. Robinson’s near-term outlook, arguing that the company’s culture needs to change.

Los analistas opinan que la empresa debe orientarse hacia un sucesor digital en medio de una dura competencia y una ralentización de los volúmenes.

El presidente del consejo es nombrado consejero delegado interino

Third-party logistics provider and freight brokerage giant C.H. Robinson Worldwide Inc. said Tuesday morning that President and CEO Bob Biesterfeld has stepped down. The resignation was effective as of Saturday.

Demand for 3PL services to handle last-mile shipments of heavy goods will grow by double digits annually through 2025, according to a report by Armstrong & Associates and the National Home Delivery Association.

The carrier will not let peak-season delivery levies fall away in mid-January as it has always done.

The Fed’s actions will not cool off rent growth, which is a byproduct of the supply-demand scale.

About 15% of deliveries scheduled for Friday and Saturday will not make it by Christmas, ShipMatrix says.

FedEx must convince stakeholders that it will stay the course on cost reductions.

FedEx’s 2023 second-quarter results proved its ability to quickly slash costs but also showed the damage a demand slowdown is inflicting on its top line.

Lineage’s second big equity raise this year will support a 7% increase in the company’s global real estate capacity.

The Postal Service said it will double its EV investment from its July forecast.

Each carrier will come in below the other on certain services, but the net effect will be a wash, TransImpact says

AskWaves: Los directivos deben anular las vacaciones de julio y agosto, lo que indica que la empresa seguirá abierta

Since this isn’t 1997, UPS will stay open because it wants to keep business in a changed world for parcel delivery.

Amazon has shifted middle-mile parcel deliveries to UPS and last-mile deliveries to the U.S. Postal Service, Jindel says.

Higher borrowing costs will cut all real estate asset values by 5% to 7%, according to CBRE’s 2023 outlook.

Tony Tzeng tells FreightWaves’ Domestic Supply Chain Summit that Transfix’s TrueRate+ program is designed to guarantee tenders with an optimal blend of price and service.

Consumers can take drop-offs to any of 2,000 FedEx Office locations

The on-time delivery rates for the November shopping holidays were better than in 2021, Ship Matrix said.

Prologis 2023 forecast says Texas will overtake California in warehouse demand, Mexico activity will surge due to nearshoring growth, and U.S. e-commerce will rebound to enjoy its second-best year on record.

Reverse logistics is a tough, unfamiliar skill set for 3PLs. But the potential payoff is huge.

The shift from an alliance with the Postal Service to an in-house operation hasn’t gone as well as hoped for FedEx.

La ralentización de la demanda, el exceso de capacidad de los transportadores y más y mejores alternativas vuelven a dar el control a los cargadores

The carriers have had their day, and the pendulum appears to be swinging back in the shippers’ direction.

Drivers affected by FedEx Freight’s furloughs will receive return-to-work guarantees and a $300 weekly incentive while they are out of work.

Sales of industrial properties in the U.S. have dropped by double digits, even as prices continued to rise.

AWS Supply Chain has launched an application to unify supply chain data from multiple systems and vendors.

UPS said it will keep its money-back pledge on domestic and international next-day air services.

UPS has raised rates on the last-mile delivery product it operates in concert with the U.S. Postal Service.

Whirlpool was chosen as a Shipper of Choice — an award that recognizes retailers and distributors that value their carrier relationships.

The hub outside Philadelphia will support next-day ground deliveries between southern Maine and southern Virginia.

U.S. Postal Service program will add 7 million parcels of peak processing capacity, aggravating the holiday overcapacity problem for carriers.

UPS announces that export and import fuel levies will rise by 150 basis points effective Dec. 5.

The Trade Association for Logistics Professionals said it was not the “appropriate vehicle” to engage in dialogue between FedEx Ground and its delivery contractors.

Resonea Inc. and CPAPSupplies will integrate sleep apnea screening and testing services for commercial truck drivers.

Interstate Health Systems hopes to open 40 to 60 locations catering to the health care needs of truck drivers, motorists and communities over the next two years.

The furloughs are set to begin in early December, and will be voluntary, the unit says.

La medida está pensada para adecuar las necesidades de personal a la ralentización de la demanda de LTL, según la unidad

FedEx Ground is unlikely to experience large-scale contractor defections during peak season despite dissatisfaction with the level of financial incentives to get them through the cycle.

The U.S. Postal Service plans to freeze rates on Parcel Select Ground and new Connect Local services but will institute a big increase on First Class Package Service.

The U.S. Postal Service posted declines in package-delivery revenue and volume.

Contract logistics giant GXO posts a better-than-expected earnings per share and affirms its full-year targets.

German shipping and logistics giant Deutsche Post DHL has raised its full-year profit guidance to a record of $8.38 billion.

FedEx will suspend money-back guarantees on U.S. and air export next-day air shipments for nearly three weeks.

DHL Express’ tariff hike will exceed the increases by FedEx and UPS.

Holiday sales will decline by up to 50% from 2021 levels, but they will still be healthy despite macroeconomic concerns, according to the National Retail Federation (NRF).

Harry Broadman said during a presentation at FreightWaves’ F3: Future of Freight Festival that technology can create jobs, just not the same type of jobs.

The deal announced Wednesday marks Ryder System’s second purchase of an e-fulfillment company in less than a year.

The unit’s “space and pace” program will bypass the class-rates formula in favor of pricing based on dimensions and weight.

A connected ecosystem supported by multiple stakeholders is the best answer to the fragmentation that drives up costs and hurts service, according to J.B. Hunt’s Spencer Frazier.

TFI posts strong third-quarter results and boosts its dividend by 30%. But much of the focus is on the work in progress at T-Force Freight.

Amazon reported a third-quarter sales deceleration that it says will persist into the holidays.

FedEx and UPS don’t vary from the script as they match on base rates and surcharges.

A reversion to the mean will occur after two strong years, Armstrong & Associates predicts.

UPS reported higher-than-expected earnings per share and reaffirmed its full-year targets.

The city’s industrial real estate market is experiencing an acute supply shortage with little space to be found, according to a Colliers International report.