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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.
Oct - 2022 -
24 October
Mark Solomon

LTL industry unveils single standard for electronic bills of lading

A single format for exchanging bills of lading data in the less-than-truckload industry will replace multiple electronic formats.

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23 October
Mark Solomon

Have warehouse workers ever had it so good?

A new survey of warehouse labor employment reveals tons of job openings, higher pay and better work-life flexibility.

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Mark Solomon

UPS hikes 2023 GRI by 6.9%, matching FedEx

UPS’ general rate increase is designed to offset elevated cost inflation.

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21 October
Mark Solomon

LTL rating group begins overhaul of classification system

The National Motor Freight Traffic Association is moving to simplify how shipments are classified.

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20 October
Mark Solomon

UPS to pay $5.3 million to settle hazardous waste claims

UPS has settled noncompliance claims with the Environmental Protection Agency at facilities in 45 states and Puerto Rico.

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19 October
Mark Solomon

Yellow plans to combine New Penn, Holland networks

A Yellow Corp. plan would consolidate two of its regional LTL networks with its YRC Freight national operation.

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18 October
Mark Solomon

2 top Teamsters leaders to drive bus in UPS contract talks

Teamsters General-President Sean M. O’Brien and Secretary-Treasurer Fred Zuckerman will take the lead in upcoming UPS contract talks.

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17 October
Mark Solomon

The great Fed squall cools off white-hot industrial market

Higher interest rates and a cautious macro outlook have curbed logistics warehouse growth but have hardly stomped it out.

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Mark Solomon

Peak parcel surcharges likely to stick despite slowing demand, carrier overcapacity

Carriers facing cost and margin pressures are unlikely to back off holiday delivery levies, analysts say.

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12 October
Mark Solomon

Logistics Property breaks ground on Chicago’s first multistory warehouse

Industrial developer Logistics Property Co. plans to open a two-story, 1.2 million-square-foot warehouse in summer 2024 — the first of its kind in Chicago.

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10 October
Mark Solomon

Los expertos dicen que no hay que burlarse de las subidas de las tarifas generales de los paquetes (GRI) 

Ante la persistencia de la inflación y la rentabilidad de los ingresos como trabajo 1, los transportadores pondrán músculo a los GRI

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Mark Solomon

Deutsche Post DHL raises full-year earnings outlook

Deutsche Post DHL posted strong gains at its Express, freight forwarding and supply chain units.

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Mark Solomon

Don’t scoff at parcel general rate increases, experts say

FedEx goes big with a record GRI. UPS, facing a spike in labor costs, may go bigger.

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07 October
Mark Solomon

FedEx Ground reduces holiday demand projections

FedEx Ground cited weakening macro conditions in reducing its holiday demand forecast.

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06 October
Mark Solomon

Amazon and UPS: Is the great split finally here?

Slack delivery capacity could finally give Amazon the incentive to insource volumes handled by UPS.

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Mark Solomon

Kenco Logistics will be acquired by private equity firm

Pritzker Private Capital is buying family-owned Kenco, ending its 72 years as an independent company.

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04 October
Mark Solomon

Postal Service sets holiday delivery cutoff dates

The U.S. Postal Service on Tuesday set its cutoff dates for shipments to be tendered in time to be delivered by Christmas Day. Shipments moving under the Postal Service’s Retail […]

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Sep - 2022 -
27 September
Mark Solomon

Prologis promotes pair to president, vice chairman 

Prologis has named Dan Letter president to run global operations, and Gene Reilly will take on a new role as senior adviser to CEO Hamad Moghadam.

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26 September
23 September
Mark Solomon

UPS unveils all-in pricing without delivery surcharges

UPS has launched a program to offer one consolidated rate with no surcharges. However, experts said shippers may end up paying more compared with the traditional pricing plan.

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22 September
Mark Solomon

FedEx to shave daily flights to align costs with lower demand

FedEx will cut 11% of trans-Pacific flights, 9% of trans-Atlantic flights and 17% of Asia-Europe capacity.

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Mark Solomon

FedEx announces largest general rate increase in its history

FedEx announces a 6.9% tariff rate increase for all of its services except LTL.

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20 September
Mark Solomon

Cowen analyst sees rougher road ahead for trucking

Jason Seidl of Cowen says that slowing consumer and industrial activity will be felt in third-quarter results.

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Mark Solomon

Shippers think a little less of 3PLs’ value, supply chain report finds

Fewer shippers think their 3PL relationships are successful, according to the annual Third-Party Logistics Study.

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19 September
Mark Solomon

Massive overcapacity expected to hit holiday parcel delivery market 

A ShipMatrix report says delivery capacity will average 110 million parcels per day, while demand will average just 92 million parcels.

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16 September
Mark Solomon

FedEx’s disastrous announcement raises concerns about company’s core direction

FedEx says weak international demand was the issue behind its fiscal first quarter pre-announcement. But the signs point to company-specific deficiencies.

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Mark Solomon

El desastroso anuncio de FedEx suscita dudas sobre la dirección de la empresa 

La compañía sorprende al mundo financiero y del transporte al preanunciar unos resultados débiles y retirar las directrices para todo el año

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15 September
Mark Solomon

FedEx withdraws full-year guidance, posts massive decline in unit’s operating income

FedEx has pulled its guidance a week before releasing first-quarter results. The company reported a $572 million year-on-year decline in FedEx Express’ operating income as macro weakness and higher costs took a toll.

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Mark Solomon

Report: China’s share of global trade growth to plunge in next 5 years

China’s share of all trade growth will drop to 13% over the next five years from 26% over the past six years, a new report from DHL and NYU’s Stern School of Business predicts.

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Mark Solomon

FedEx retira sus previsiones para todo el año y registra un enorme descenso en los ingresos operativos de sus unidades 

El beneficio por acción se desplomará casi 2 dólares por debajo del consenso; los ingresos de las 2 principales unidades caerán 800 millones de dólares más de lo previsto

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14 September
Mark Solomon

FedEx sets earlier cutoffs for accepting holiday shipments

FedEx Corp. announces most U.S. shipments must be tendered by Dec. 14, one day earlier than last year’s deadline, if they are going to arrive in time for Christmas.

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13 September
Mark Solomon

Amazon to sweeten payment pot for its delivery contractors

Amazon will spend $450 million over the next 12 months to fund rate increases for contractors, provide tuition reimbursement for drivers, and support a newly formed retirement plan.

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Mark Solomon

Consumers want, but don’t expect, Sunday parcel deliveries, survey finds

A Pitney Bowes survey finds that 41% of respondents believe Sunday service is important. But three-quarters don’t think it will happen.

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08 September
Mark Solomon

UPS lies low as FedEx Ground contractor dispute simmers

With Teamsters contract talks looming, UPS is loath to step into a fight where a carrier is at odds with its drivers.

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07 September
Mark Solomon

UPS to hire about 100K workers for peak season

The estimated 100,000 seasonal workers UPS plans to hire is about the same as the past two peak periods.

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Mark Solomon

Target names McCarthy supply chain head; Valdez to retire

Gretchen McCarthy will run all of Target’s global transport, logistics and supply chain management businesses.

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Mark Solomon

Lessons learned from multiple partners in autonomous powertrain integration 

J. Michael Taylor, general manager-global powertrain integration at Cummins, discusses ways his company is adding value to autonomous vehicle manufacturers through powertrain integration solutions.

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06 September
Mark Solomon

Trade group readies ‘no-confidence’ vote on FedEx Ground CEO

A survey sent to FedEx Ground’s contractors asks if they have faith in CEO John Smith’s ability to lead the unit.

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02 September
Mark Solomon

Is Spencer Patton FedEx Ground contractors’ white knight or a moat-protected baron?

Former contractor Spencer Patton’s interlocking business structure allows him to keep profiting from FedEx Ground, even if he no longer drives for the company.

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01 September
Mark Solomon

Atlas Logistics acquires Progressive Transportation

Third-party logistics provider Atlas Logistics has acquired Progressive Transportation Inc., a provider of over-the-road pad-wrap transportation.

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Aug - 2022 -
31 August
Mark Solomon

Dear Santa: Could I please not have some more delivery surcharges?

FedEx and UPS are ratcheting up their peak-season surcharges, much to the angst of shippers experiencing slowing volumes.

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Mark Solomon

2022 Shipper of Choice profile: Procter & Gamble

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

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29 August
Mark Solomon

UPS peak surcharges will hit big shippers hardest

UPS’ peak surcharges will hit $6 to $7 per package for high-volume customers.

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Mark Solomon

FedEx Ground cuts ties with militant driver contractor

FedEx unit drops Spencer Patton’s companies from its contractor network, says it has contingency plans to pick up the slack.

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26 August
Mark Solomon

FedEx Ground sues delivery contractor for creating ‘fictionalized crisis’

FedEx Ground’s lawsuit alleges Spencer Patton is creating a contrived crisis with contractors to benefit one of his businesses, Route Consultant.

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Mark Solomon

Porch piracy enters Capitol Hill’s crosshairs

A bill that would make thefts of private-sector parcel deliveries a felony is the latest step in efforts to curb a growing problem.

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23 August
Mark Solomon

DHL Express boosts hourly wages by double digits at Cincinnati hub

DHL Express announced Tuesday it has raised hourly wages by 15% to 18% for workers at its Cincinnati airport facility.

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22 August
Mark Solomon

Lead FedEx Ground contractor says he may shut his business by Nov. 25

Spencer Patton said he can no longer operate his business past Black Friday unless the FedEx unit renegotiates his contract.

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19 August
Mark Solomon

Sky isn’t falling at FedEx Ground, contractors say

Three delivery contractors acknowledge that some of their peers are struggling. But they maintain the contractor model remains on solid ground.

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16 August
Mark Solomon

Walmart cancels billions of dollars in orders to right-size inventory levels

Walmart pulls back on its order activity to align its inventory levels with projected demand.

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Mark Solomon

Demand for big-box warehouse leasing picks up pace, e-commerce lags

Leases of mega-warehouse facilities rose 50% in the first half of 2022, CBRE study says. But leasing by e-commerce companies declined dramatically.

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15 August
Mark Solomon

FedEx Ground contractor backs off request for broad financial reimbursements

FedEx Ground contractor Spencer Patton has backed off a request for a 50-cent increase per stop and a 20-cent-per-mile hike for solo and team runs by contractors between hubs.

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Mark Solomon

After an unprecedented 2021, what can the 3PL industry do for an encore?

This year’s performance will not be as explosive as last year’s. But it will still be very good, a 3PL industry expert says.

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12 August
Mark Solomon

Peloton to outsource all final-mile deliveries as part of broad revamp

Fitness company Peloton plans to turn over all final-mile business to J.B. Hunt and XPO in the coming weeks.

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11 August
Mark Solomon

DAT and Convoy: A load board love affair hits the rocks

DAT accuses Convoy of contract violations. Convoy calls DAT a “monopolist” looking to thwart competition at any cost.

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10 August
Mark Solomon

Postal Service proposes increases in peak-season parcel-delivery rates

Temporary Postal Service rate increases on peak-season parcel-delivery services will come down hardest on heavier packages traveling more than 601 miles.

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09 August
Mark Solomon

UPS to reduce surcharges on certain international services

UPS is cutting levies on heavier-weighted shipments out of Asia and the South Pacific.

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Mark Solomon

Postal Service posts declines in Q2 parcel revenue, volume

The U.S. Postal Service has reported single-digit drops in shipping activity compared to last year’s more robust pace.

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08 August
Mark Solomon

FedEx sets earlier start date for peak delivery surcharges

FedEx says it will move up the start date of its peak-season surcharges to Sept. 5.

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Mark Solomon

UPS acquires Italian health care provider

Purchase of the Bomi Group will dramatically expand UPS’ health care distribution network.

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05 August
Mark Solomon

Will new coast-to-coast parcel service strike a shipper chord?

Delivery carriers Parcel LaserShip and OnTrac have announced residential ground deliveries with day-definite service.

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04 August
Mark Solomon

XPO names Harik CEO of LTL business; Jacobs to step aside

Mario Harik will succeed Brad Jacobs following the spinoff of XPO’s brokerage business. Jacobs will become XPO’s executive chairman.

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03 August
Mark Solomon

Yellow’s shares soar as LTL carrier posts strong quarter

Yellow Corp.’s bottom-line numbers show solid gains despite double-digit daily tonnage declines.

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Mark Solomon

GXO marks 1st anniversary with strong Q2 results

GXO’s earnings per share beat estimates, and it raised full-year guidance for revenue and earnings.

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Mark Solomon

FedEx Ground contractor forms advocacy trade group

Trade Association for Logistics Professionals will advocate for all contractor interests, not just FedEx Ground, the group’s leader says.

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02 August
Mark Solomon

UPS again named world’s most valuable logistics brand

UPS has achieved brand value of $38.5 billion, a 28% increase over 2021.

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Jul - 2022 -
29 July
Mark Solomon

TFI handily beats consensus Q2 estimates

Transport and logistics giant TFI posted quarterly gains across the board and raised the outlook for the rest of the year.

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28 July
Mark Solomon

Amazon shares soar after strong top-line results in Q2

Share gains come despite another net loss, sharp drop in operating income

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Mark Solomon

FedEx Ground affirms ban on 3rd-party negotiations with contractors

The head of the unit says changes to driver contractor agreements must be negotiated individually.

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27 July
Mark Solomon

UPS looks to ‘saw wood’ with operational productivity changes

UPS is gearing up for next year’s Teamster negotiations by implementing cost-saving programs.

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26 July
Mark Solomon

UPS shares drop sharply despite decent Q2 results

The Atlanta-based company also reveals a plan to improve on-time performance across its U.S. network.

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22 July
Mark Solomon

FedEx Ground acts to appease contractors by Sunday delivery suspension

Unit responds to contractors’ cost concerns by partially ditching the controversial program.

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21 July
Mark Solomon

FedEx Ground to drop Sunday deliveries in certain markets

FedEx Ground said it will drop Sunday residential deliveries the week of Aug. 15 in unidentified low-population markets.

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Mark Solomon

Prologis report sees modest uptick in logistics warehouse vacancies

Logistics warehouse capacity utilization remains extremely tight, with an additional 800 million square feet needed to ease the pressure, a Prologis report says.

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20 July
Mark Solomon

Postal Service bumps up EV mix in delivery fleet order

The Postal Service says it also will procure 34,000 off-the-shelf vehicles to augment its initial 50,000-unit order of electric vehicles.

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Mark Solomon

Jim Tompkins redux: US supply chains receive F+

Two years after he predicted supply chain disruptions due to the pandemic, the supply chain scion says the ecosystem remains broken. All that has changed, he says, is an acknowledgment of that reality.

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19 July
Mark Solomon

GXO expands robotics deal with 6 River Systems

GXO will receive an undetermined number of collaborative mobile robots.

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15 July
Mark Solomon

Logistics warehouse activity may cool as interest rates heat up

The supply side is in a “pencils down” mode as higher rates change ROI calculations.

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13 July
Mark Solomon

Postal Service proposes to unify ground-delivery products

Three of the U.S. Postal Service’s nonurgent delivery products will be brought under one umbrella.

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12 July
Mark Solomon

XPO factors reliability into name of spinoff

XPO chooses RXO as the name of the soon-to-be-spun-off brokerage platform.

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04 July
Mark Solomon

How about some brews with those bills of lading?

Transport analyst conducts virtual beer get-togethers to gain knowledge and build contacts.

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01 July
Mark Solomon

Old Dominion prueba un programa de precios simplificados para LTL 

One Rate, One Time ofrecerá un precio todo incluido con total transparencia, dice el transportador

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Mark Solomon

Old Dominion testing simplified LTL pricing program

Old Dominion’s latest offering is designed to provide a single rate with no surprises.

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Jun - 2022 -
29 June
Mark Solomon

FedEx launches long-awaited operational integration

FedEx says its new operational integration will drive down costs and push up operating margins significantly.

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24 June
Mark Solomon

LTL steals the FedEx quarterly show

FedEx Freight’s gains won’t make investors forget about FedEx Ground’s issues, but they help.

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Mark Solomon

Google pushes hard into supply chain technology

Google Cloud leverages IT prowess to help businesses improve supply chains, executive says.

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23 June
Mark Solomon

Postal Service adjusts delivery times for 2 ground-parcel products

New delivery window to be set at two to five days for “Parcel Select Ground” and “Retail Ground” shipments.

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22 June
Mark Solomon

No hay “huracán” económico en el horizonte, dicen los ejecutivos de XPO

La demanda sigue siendo sólida, aunque los problemas de oferta frenan la capacidad de LTL, dicen los ejecutivos en las giras de inversionistas

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Mark Solomon

No economic ‘hurricane’ on horizon, XPO executives say

XPO executives tell investors why they chose to downsize the company, and vow to significantly boost LTL capital spending.

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21 June
Mark Solomon

No es una sorpresa: El informe revela que los costos logísticos se dispararon en 2021

Los costos logísticos como porcentaje del PIB alcanzan el nivel más alto en 13 años, según el Informe sobre el Estado de la Logística

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Mark Solomon

Lineage uses acquisitions to gain foothold in D2C perishables market

Lineage Logistics will go directly to consumers as it beefs up its warehousing capabilities.

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Mark Solomon

No surprise: Report finds logistics costs spiked in 2021

Logistics spending surged across the board, led by a nearly 40% increase in demand for private fleet or dedicated contract carriage services, the State of Logistics Report says.

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17 June
Mark Solomon

Transfix, SPAC partner postpone merger until November

G Squared is to provide Transfix with financing and more capital.

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16 June
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