The company says its U.S.-based agency with eastern Ukraine operations faces severe disruptions due to fighting in the region.
Event may warrant a special filing with the SEC, source says.
La agencia local era vista como un gran golpe dentro del sistema de la compañía
With fuel levies generously padding the carriers’ top lines, shippers shouldn’t expect relief anytime soon.
Truckload rates have plateaued and may head down in the second half, Miller says. There is more runway for LTL increases, however.
Las subidas de tarifas, lideradas por las importaciones de
carga aérea de EEUU, nunca se habían visto antes
One-year agreement will allow for at least 20,000 boxes to be stored off-site, state says.
ID Logistics’ all-cash purchase of the venerable 3PL expands its U.S. presence.
Strong revenue and EPS numbers spark an after-hours share rally.
Tight warehouse supply t o last through 2024, Bjorsen says.
Microfulfillment will turn brick and mortar stores into giant vending machines, Ladd says
The LTL segment remains a work in progress, but analysts are confident that Jacobs & Co. can turn it around.
XPO Logistics has issued 2022 guidance and vows to fully right the LTL segment’s operating ratio by midyear.
The U.S. Postal Service reported a widening net loss in the fiscal 2022 first quarter due to higher compensation and benefits costs. Transport costs rose 9% due to higher fuel expenses.
Warehouse demand begins to ripple through the so-called tertiary real estate markets.
Shares soar 18% in after-hours trading as investors hail fourth-quarter performance.
Capacity must expand by 15% just to keep up with normal inventory levels and build resilient operations, the company’s research arm says.
UPS posted its best quarterly operating profit in its history. It also declared a 49% dividend increase.
El acceso a los baños en los almacenes y centros de distribución sigue siendo un problema para los conductores
A lack of restroom access for drivers still plagues the trucking industry.
Voie, the group’s founder, still plans to retire in July 2023.
The move underscores the REIT titan’s commitment to logistics warehousing.
The DHL unit is the first commercial customer of Boston Dynamics’ Stretch robots.
Difficulty in getting land zoned for trucking is an impediment to terminal expansion, Gantt says.
Chicago leads all markets, while Greenville-Spartanburg makes the top 10 list for the first time.
The market set records across the board in 2021, with all-time vacancy lows expected to be set by the end of the first quarter, Colliers says.
XPO adds two terminals and 50 dock doors to its North American network.
A confluence of critical events will determine if the company can deliver on its margin improvement pledge.
The Project Evolve initiative may take UPS’ visibility tools further than they’ve ever gone before.
A collaborative effort kept the delivery Grinch at bay this peak season.
UPS matched last year’s performance, while the Postal Service improved considerably, ShipMatrix says.
El REIT de logística de temperatura controlada acumula 6.000
millones de dólares en captaciones de capital en los últimos
dos años
The REIT has raised $6 billion in the past two years.
The venerable carrier’s shutdown underscores the risk in failing to properly manage costs.
Fuel levies hit two weeks before other surcharges and eight days after 2022 rate increases.
The unit of the financial services titan becomes a big player in U.S. logistics real estate.
Strong performances by UPS and the Postal Service cap a quiet peak season.
The levies on various services come three weeks after annual rate increases kick in and one day after peak-season fees drop off.
Optimizing a broader carrier base can work wonders for shippers. The trick is how to balance new partners without tossing the benefits of the old ones.
More parcel processing capacity and earlier holiday shopping schedules are key factors in the agency’s improvement, ShipMatrix says.
FedEx’s Express and LTL units delivered solid performances, while the bottom may have been hit at its Ground unit.
Volume and yield gains powered the Express and LTL units, while staffing shortages and operating inefficiencies continued to hurt the Ground unit.
Shipware will deepen SIB’s shipping analysis portfolio, while Shipware clients can get spending needs addressed beyond parcel delivery, Shipware’s co-CEO said.
Autonomy will ripple strongly through multiple modes, Lee Klaskow said during FreightWaves’ Domestic Supply Chain Summit.
FedEx to join UPS in imposing special-handling delivery surcharges based on a shipment’s length-of-haul.
Strong selling on Friday follows the disclosure that XPO’s founder, and chair of both companies, sold 3.2 million shares in each.
The increases, to take effect Dec. 26, will be highest among parcels in the 1- to 5-pound range.
The deal continues the trend of steamship lines adding logistics capabilities to their portfolios.
Desperate occupiers undeterred by “sticker shock” will lease first and ask questions later, a CBRE report says.
FedEx and UPS suspended guaranteed delivery refunds when the pandemic hit. As shippers chafe under erratic service levels, they face the possibility that some programs may never return.
The top executive’s departure comes as the carrier struggles to efficiently process an avalanche of holiday traffic.
The company plans to recruit would-be entrepreneurs to provide trucking services in five countries, according to The Information.
An Office of Inspector General report said a shortage of commercial truck drivers may compromise the Postal Service’s surface transport capability.
El informe elogia a la agencia por mejorar la preparación para
los picos de trabajo, pero expresa su preocupación por la
disponibilidad de mano de obra
The regional parcel delivery carrier becomes the private equity firm’s 10th “logistics and infrastructure services” investment.
Small facilities are seeing big jumps in demand as e-commerce puts urban logistics in the spotlight, a JLL report says.
The investigation makes progress after between 300 and 400 parcels were found in a wooded ravine last week.
Los funcionarios no han nombrado al ex conductor de la
unidad de Ground de la compañía
The union that failed to organize workers at Amazon’s Bessemer, Alabama, warehouse will get a second bite at the apple, it said.
Through noon ET, U.S. shoppers have spent 7% more than they did on 2020’s Black Friday.
Blackstone’s logistics real estate unit boosted its U.S. portfolio to 440 million square feet.
About 15% of 1.4 million members cast ballots in the Teamsters presidential election. The question is will voter quality trump quantity?
A decisive lead in the east and victories in the central and southern regions set the table for a landslide victory.
El jefe del Local 25 de Boston domina la votación de la región
oriental después de imponerse decisivamente en las regiones
sur y central
The firebrand leader holds a strong early advantage in an election in which about 15% of members cast ballots.
The unit plans to add facilities in the Netherlands, Germany and Mira Loma, California.
FMCSA has approved 92,000 new motor carrier applications through October, smashing 2020’s full-year record.
Más de 195.000 conductores siguen teniendo la autoridad
operativa obtenida en los últimos 16 meses, según el análisis
de FTR
AskWaves: The behemoths ordinarily shouldn’t be concerned about a national delivery network forged out of the OnTrac-LaserShip merger. But these are not ordinary times.
The agency plans an array of parcel-delivery rate increases soon after the yuletide ends.
The purveyor of wild-caught seafood avoids the use of airfreight, and relies on barge, truckload and parcel to hit its tight delivery commitments.
The agency looks to the nationwide rollout of same-day and next-day package services to remain viable.
El programa piloto de Texas para entregas locales y
regionales se extenderá a todo el país el próximo año, según
el director general de correos
IT can help companies hit efficiency and sustainability objectives, DHL unit’s innovation leader says.
The company expects record 2021 earnings and boosts its 2023 bottom line forecast by $700 million, to $9.24 billion.
Boehler is terminated without cause; George Chappelle is named interim CEO.
El alto ejecutivo ha sido despedido sin motivo después de
casi 6 años al frente del gigante del almacenamiento en frío
The company’s first reporting quarter post-spinoff could have gone better.
Big volumes of container traffic are hitting GXO’s facilities, Wilson says.
Company plans to double LTL trailer capacity and add 900 dock doors.
The company announced a 5.9% general rate increase for next year, but that has no bearing on the pain many shippers will feel.
The company beats earnings per-share consensus, and posts revenue gains while hiking its full-year outlook.
Fuel levies on U.S. customers to rise 100 basis points for air and ground services, source says.
Available space at the country’s most important warehousing complex drops to unimaginable levels.
Both companies see their financial results weighed down by higher labor costs and operational disruptions due to staffing shortages.
CEO Jassy says Amazon faces billions of dollars in additional costs during the fourth quarter.
The CEO of North America’s largest privately held LTL carrier makes a passive investment in the digital freight-matching firm.
Moghadam said the company will need to increase its facility footprint at the same pace.
Company shoots out the lights in the third quarter with soaring profits and EPS.
Los paquetes se recogerían en origen y se consolidarán en
carros de paquetería para su entrega, dijo Tomé.
UPS boosts its 2021 operating margin guidance to 13%.
The agency bans shipping of vaping products, joining FedEx, UPS and DHL. Regional delivery firm LSO plans to expand vape shipping in its territory.
Al contrario de lo que se dice, los bienes están entrando en el
comercio y llegan a los estantes de las tiendas, dice el
economista
The end of the supply chain as we know it? Not even close, an economist believes.
The suspension of money-back guarantees comes seven months after FedEx restored them on nine air services.
The huge C-suite move puts the supply chain heavyweight in the center of the parcel action right away.
Hub Group forecasts mid-teens revenue growth between the Choptank business and cross-selling.
El acuerdo de $130 millones de dólares ofrece a Hub fuertes
oportunidades de venta cruzada, asegura la compañía
Transaction adds trucking to Hub’s refrigerated transport portfolio.
Amazon’s seasonal demand dwarfs its competitors.