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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.
Feb - 2022 -
28 February
Mark Solomon

Landstar forecasts $100M truckload hit in March if Ukraine agencies shut down

The company says its U.S.-based agency with eastern Ukraine operations faces severe disruptions due to fighting in the region.

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26 February
Mark Solomon

Parcel shippers to feel more fuel surcharge pain

With fuel levies generously padding the carriers’ top lines, shippers shouldn’t expect relief anytime soon.

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18 February
Mark Solomon

Freight rate hikes over past 2 years unprecedented, economist says

Truckload rates have plateaued and may head down in the second half, Miller says. There is more runway for LTL increases, however.

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Mark Solomon

Las subidas de las tarifas de flete en los últimos 2 años no tienen precedentes, según un economista

Las subidas de tarifas, lideradas por las importaciones de
carga aérea de EEUU, nunca se habían visto antes

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16 February
Mark Solomon

Chunker leases 6 California sites to store ocean containers

One-year agreement will allow for at least 20,000 boxes to be stored off-site, state says.

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Mark Solomon

Kane Logistics acquired by French 3PL

ID Logistics’ all-cash purchase of the venerable 3PL expands its U.S. presence.

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15 February
Mark Solomon

GXO Logistics posts solid Q4 results

Strong revenue and EPS numbers spark an after-hours share rally.

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Mark Solomon

GSCW chat: How to make microfulfillment strategies work

Microfulfillment will turn brick and mortar stores into giant vending machines, Ladd says

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09 February
Mark Solomon

After Q4 results, analysts will give XPO a lot of rope

The LTL segment remains a work in progress, but analysts are confident that Jacobs & Co. can turn it around.

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08 February
Mark Solomon

XPO beats estimates on Q4 earnings per share

XPO Logistics has issued 2022 guidance and vows to fully right the LTL segment’s operating ratio by midyear.

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Mark Solomon

Postal Service’s holiday parcel volumes decline year-over-year

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.

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07 February
Mark Solomon

Super-tight logistics warehouse market ushers in the Hagerstown effect

Warehouse demand begins to ripple through the so-called tertiary real estate markets.

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03 February
Mark Solomon

Amazon shares skyrocket after Q4 results

Shares soar 18% in after-hours trading as investors hail fourth-quarter performance.

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02 February
Mark Solomon

Prologis: Warehouse vacancy rates to remain at all-time lows in 2022

Capacity must expand by 15% just to keep up with normal inventory levels and build resilient operations, the company’s research arm says.

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01 February
Mark Solomon

UPS fires on all cylinders in Q4 and 2021, sending shares soaring

UPS posted its best quarterly operating profit in its history. It also declared a 49% dividend increase.

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Mark Solomon

¿Puedo usar el baño? La respuesta para los camioneros suele ser “No”.

El acceso a los baños en los almacenes y centros de distribución sigue siendo un problema para los conductores

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Mark Solomon

Can I use the bathroom? The answer for truckers is often ‘No’

A lack of restroom access for drivers still plagues the trucking industry.

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Jan - 2022 -
28 January
27 January
Mark Solomon

Real estate mogul Zell invests in cold storage warehouse firm

The move underscores the REIT titan’s commitment to logistics warehousing.

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26 January
Mark Solomon

DHL Supply Chain buying fleet of mobile warehouse robots

The DHL unit is the first commercial customer of Boston Dynamics’ Stretch robots.

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Mark Solomon

Old Dominion CEO: Zoning authorities stingy with LTL carrier permits

Difficulty in getting land zoned for trucking is an impediment to terminal expansion, Gantt says.

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20 January
Mark Solomon

Big-box warehouse lease activity sets record in 2021

Chicago leads all markets, while Greenville-Spartanburg makes the top 10 list for the first time.

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18 January
Mark Solomon

Chicago industrial real estate posts a year for the books

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.

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Mark Solomon

XPO adds LTL terminals in Wisconsin, Arkansas

XPO adds two terminals and 50 dock doors to its North American network.

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17 January
Mark Solomon

FedEx faces its quarters of truth

A confluence of critical events will determine if the company can deliver on its margin improvement pledge.

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11 January
Mark Solomon

UPS planning shipment visibility push, CEO says

The Project Evolve initiative may take UPS’ visibility tools further than they’ve ever gone before.

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08 January
Mark Solomon

Parcel delivery’s phantom peak-mageddon

A collaborative effort kept the delivery Grinch at bay this peak season.

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07 January
Mark Solomon

UPS, Postal Service excelled during peak delivery season, consultant says

UPS matched last year’s performance, while the Postal Service improved considerably, ShipMatrix says.

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04 January
Mark Solomon

Lineage Logistics consigue otros $1.7 billones de dólares en inversiones de capital

El REIT de logística de temperatura controlada acumula 6.000
millones de dólares en captaciones de capital en los últimos
dos años

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Dec - 2021 -
29 December
Mark Solomon

Central Freight Lines’ cautionary tale

The venerable carrier’s shutdown underscores the risk in failing to properly manage costs.

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27 December
Mark Solomon

UPS to hike air, ground fuel surcharges on Jan. 3

Fuel levies hit two weeks before other surcharges and eight days after 2022 rate increases.

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Mark Solomon

With Blackstone’s bucks behind it, Link Logistics makes its presence known

The unit of the financial services titan becomes a big player in U.S. logistics real estate.

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23 December
22 December
Mark Solomon

Ho ho ho: New UPS surcharges to take effect Jan. 16

The levies on various services come three weeks after annual rate increases kick in and one day after peak-season fees drop off.

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Mark Solomon

For parcel shippers, it’s carrier diversification or bust in 2022

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.

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17 December
Mark Solomon

Postal Service stands out in latest peak delivery performance report

More parcel processing capacity and earlier holiday shopping schedules are key factors in the agency’s improvement, ShipMatrix says.

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Mark Solomon

FedEx fiscal Q2 results: Not perfect but good enough

FedEx’s Express and LTL units delivered solid performances, while the bottom may have been hit at its Ground unit.

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16 December
Mark Solomon

FedEx posts decent fiscal Q2 results; Ground unit’s costs weigh

Volume and yield gains powered the Express and LTL units, while staffing shortages and operating inefficiencies continued to hurt the Ground unit.

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15 December
Mark Solomon

Parcel consultancy Shipware to merge with spend management firm SIB

Shipware will deepen SIB’s shipping analysis portfolio, while Shipware clients can get spending needs addressed beyond parcel delivery, Shipware’s co-CEO said.

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Mark Solomon

DSC keynote: Autonomous transport will spawn massive truckload consolidation

Autonomy will ripple strongly through multiple modes, Lee Klaskow said during FreightWaves’ Domestic Supply Chain Summit.

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14 December
Mark Solomon

How far did that parcel shipment travel? Pay up!

FedEx to join UPS in imposing special-handling delivery surcharges based on a shipment’s length-of-haul.

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10 December
Mark Solomon

Jacobs sells 20% of XPO, GXO holdings; shares fall sharply

Strong selling on Friday follows the disclosure that XPO’s founder, and chair of both companies, sold 3.2 million shares in each.

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09 December
Mark Solomon

UPS to boost SurePost rates 5.9% on average

The increases, to take effect Dec. 26, will be highest among parcels in the 1- to 5-pound range.

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08 December
Mark Solomon

Ocean carrier CMA CGM buys Ingram Micro’s e-commerce unit for $3 billion

The deal continues the trend of steamship lines adding logistics capabilities to their portfolios.

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06 December
Mark Solomon

Rents on warehouse lease renewals at nosebleed levels, CBRE says

Desperate occupiers undeterred by “sticker shock” will lease first and ask questions later, a CBRE report says.

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Mark Solomon

Where’s my parcel refund? Don’t hold your breath

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.

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02 December
Mark Solomon

Metzler out as LSO’s president, CEO

The top executive’s departure comes as the carrier struggles to efficiently process an avalanche of holiday traffic.

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Mark Solomon

Amazon may be expanding driver model to Europe

The company plans to recruit would-be entrepreneurs to provide trucking services in five countries, according to The Information.

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01 December
Mark Solomon

Postal Service may lack resources to meet peak delivery needs — OIG report

An Office of Inspector General report said a shortage of commercial truck drivers may compromise the Postal Service’s surface transport capability.

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Mark Solomon

El Servicio Postal puede carecer de recursos para satisfacer las necesidades de entrega en horas punta – informe de la OIG

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

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Mark Solomon

Seacoast Capital invests $20M in regional delivery provider LSO

The regional parcel delivery carrier becomes the private equity firm’s 10th “logistics and infrastructure services” investment.

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Nov - 2021 -
30 November
Mark Solomon

In logistics real estate, smaller is getting bigger

Small facilities are seeing big jumps in demand as e-commerce puts urban logistics in the spotlight, a JLL report says.

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Mark Solomon

FedEx driver in Alabama dumped parcels on 6 occasions, sheriff says

The investigation makes progress after between 300 and 400 parcels were found in a wooded ravine last week.

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Mark Solomon

Un conductor de FedEx en Alabama tiró paquetes en 6 ocasiones, según el sheriff

Los funcionarios no han nombrado al ex conductor de la
unidad de Ground de la compañía

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29 November
Mark Solomon

NLRB orders new representation vote at Amazon warehouse, union says

The union that failed to organize workers at Amazon’s Bessemer, Alabama, warehouse will get a second bite at the apple, it said.

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26 November
Mark Solomon

Black Friday US sales up despite cost headwinds, Salesforce says

Through noon ET, U.S. shoppers have spent 7% more than they did on 2020’s Black Friday.

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23 November
Mark Solomon

Link Logistics hits quarterly record with Q3 activity

Blackstone’s logistics real estate unit boosted its U.S. portfolio to 440 million square feet.

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Mark Solomon

Low Teamsters election turnout may not be what it seems

About 15% of 1.4 million members cast ballots in the Teamsters presidential election. The question is will voter quality trump quantity?

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17 November
Mark Solomon

O’Brien extends lead in race for Teamsters presidency

A decisive lead in the east and victories in the central and southern regions set the table for a landslide victory.

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Mark Solomon

O’Brien amplía su ventaja en la carrera por la presidencia de los Teamsters

El jefe del Local 25 de Boston domina la votación de la región
oriental después de imponerse decisivamente en las regiones
sur y central

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16 November
Mark Solomon

O’Brien holds commanding lead in race for Teamsters president

The firebrand leader holds a strong early advantage in an election in which about 15% of members cast ballots.

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Mark Solomon

UPS’ health care unit expands network, adds US cold chain packaging operation

The unit plans to add facilities in the Netherlands, Germany and Mira Loma, California.

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15 November
Mark Solomon

‘Beyond unprecedented’ surge in authorized drivers continues to flood market

FMCSA has approved 92,000 new motor carrier applications through October, smashing 2020’s full-year record.

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Mark Solomon

Un aumento “sin precedentes” de conductores autorizados sigue inundando el mercado

Más de 195.000 conductores siguen teniendo la autoridad
operativa obtenida en los últimos 16 meses, según el análisis
de FTR

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13 November
Mark Solomon

Should FedEx, UPS care about the LaserShip-OnTrac merger?

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.

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12 November
Mark Solomon

Postal Service wishes e-commerce shippers happy holidays — until Jan. 9

The agency plans an array of parcel-delivery rate increases soon after the yuletide ends.

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Mark Solomon

Wild Alaskan puts seafood distribution, sans air, to the test

The purveyor of wild-caught seafood avoids the use of airfreight, and relies on barge, truckload and parcel to hit its tight delivery commitments.

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10 November
Mark Solomon

Will same-day, next-day parcel deliveries get Postal Service over hump?

The agency looks to the nationwide rollout of same-day and next-day package services to remain viable.

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Mark Solomon

¿Superará el Servicio Postal el reparto de paquetes en el mismo día y al día siguiente?

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

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09 November
Mark Solomon

F3 chat: DHL Supply Chain’s Gillespie on digitalization’s role in meeting ESG goals

IT can help companies hit efficiency and sustainability objectives, DHL unit’s innovation leader says.

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04 November
Mark Solomon

Deutsche Post DHL posts sizzling Q3 results, raises 2021, 2023 outlooks

The company expects record 2021 earnings and boosts its 2023 bottom line forecast by $700 million, to $9.24 billion.

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03 November
Mark Solomon

Americold despide a Fred Boehler, presidente y director general, con efecto inmediato

El alto ejecutivo ha sido despedido sin motivo después de
casi 6 años al frente del gigante del almacenamiento en frío

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Mark Solomon

LTL profit setbacks mar XPO’s coming-out party

The company’s first reporting quarter post-spinoff could have gone better.

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Mark Solomon

GXO head sees light at end of supply chain tunnel

Big volumes of container traffic are hitting GXO’s facilities, Wilson says.

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02 November
Mark Solomon

Vise likely to tighten around UPS shippers in 2022

The company announced a 5.9% general rate increase for next year, but that has no bearing on the pain many shippers will feel.

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01 November
Mark Solomon

GXO comes out of the gate with solid third-quarter results

The company beats earnings per-share consensus, and posts revenue gains while hiking its full-year outlook.

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Mark Solomon

UPS shippers better fuel up for higher surcharges in 2022

Fuel levies on U.S. customers to rise 100 basis points for air and ground services, source says.

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Oct - 2021 -
29 October
Mark Solomon

Inland Empire warehouse vacancy rate hit 0.7% in quarter: CBRE

Available space at the country’s most important warehousing complex drops to unimaginable levels.

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28 October
Mark Solomon

FedEx to Amazon: We feel your labor pain

Both companies see their financial results weighed down by higher labor costs and operational disruptions due to staffing shortages.

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Mark Solomon

Amazon posts sharply lower Q3 earnings per share

CEO Jassy says Amazon faces billions of dollars in additional costs during the fourth quarter.

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Mark Solomon

Estes Express CEO invests in Cargo Chief, joins board

The CEO of North America’s largest privately held LTL carrier makes a passive investment in the digital freight-matching firm.

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Mark Solomon

US inventories to rise 10-15% in coming years: Prologis CEO

Moghadam said the company will need to increase its facility footprint at the same pace.

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26 October
Mark Solomon

UPS pone a prueba una iniciativa de consolidación de entregas en un solo vehículo para los minoristas- CEO

Los paquetes se recogerían en origen y se consolidarán en
carros de paquetería para su entrega, dijo Tomé.

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25 October
Mark Solomon

US vaping industry looks for answers as Postal Service ends deliveries

The agency bans shipping of vaping products, joining FedEx, UPS and DHL. Regional delivery firm LSO plans to expand vape shipping in its territory.

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Mark Solomon

¿Magedón de la cadena de suministro? El economista Miller dice: “¡Relájate”

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

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Mark Solomon

Supply chain-mageddon? Economist Miller says, ‘Relax!’

The end of the supply chain as we know it? Not even close, an economist believes.

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22 October
Mark Solomon

FedEx suspends money-back guarantees on U.S. holiday air deliveries

The suspension of money-back guarantees comes seven months after FedEx restored them on nine air services.

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Mark Solomon

LaserShip taps top Home Depot supply chain executive as CEO

The huge C-suite move puts the supply chain heavyweight in the center of the parcel action right away.

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19 October
Mark Solomon

Hub Group sees big cross-selling opportunity following Choptank purchase

Hub Group forecasts mid-teens revenue growth between the Choptank business and cross-selling.

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Mark Solomon

Hub Group adquiere Choptank para entrar en el negocio de transporte de refrigerados por carretera

El acuerdo de $130 millones de dólares ofrece a Hub fuertes
oportunidades de venta cruzada, asegura la compañía

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