Postal Service earmarking $40B to boost share of package market
DeJoy testifies that the Postal Service must focus on increasing its 35% share of the package market currently dominated by private carriers.
DeJoy testifies that the Postal Service must focus on increasing its 35% share of the package market currently dominated by private carriers.
FedEx rebrands the service FedEx Ground Economy to reflect full control of last-mile deliveries.
FedEx pilots want the company to stop releasing crews into Hong Kong for rest periods because of aggressive testing and quarantine restrictions that subject them to infection and loss of personal freedom.
Stockholm-based electric trucking company Einride conducted a survey to gain insights into women’s views on a career in the trucking industry and how technology and autonomy impact interest.
The United States’ infrastructure was put to the test recently when Winter Storm Uri passed through the lower half of the country. As a result, production at petrochemical plants shut down and the industry is now on the brink of a potential seat shortage.
The company sets ambitious fleet electrification goals and establishes a center at Yale University to research climate-capture techniques.
It appears Google and J.B. Hunt envision that their joint effort will become an innovation platform to support the J.B. Hunt 360 marketplace.
According to Bank of America and McKinsey, 10 years of expected e-commerce growth penetrated in three months’ time.
FedEx makes a multiyear commitment to help colleges offset the COVID-19 economic impact.
A top FedEx reverse logistics expert says the online returns tsunami has just begun.
Amazon CEO steps away after going where no retailer had gone before.
Scott Ruffin’s company is poised to exploit weaknesses in legacy delivery networks to take B2C share.
In today’s edition of The Daily Dash, an activist investor speaks about what changes Forward Air should make. Plus, FedEx Ground is losing a key executive and why UPS Freight was no longer a strategic fit for UPS.
Maier is succeeded by FedEx Freight head John Smith; Lance Moll will replace Smith at the LTL unit.
In today’s edition of The Daily Dash, raising fuel taxes could be an option to pay for infrastructure, and a truck driver who faced a life-or-death decision on a bridge is rewarded for his choice.
Retailers with physical footprints have been able to leverage new modes of fulfillment to pass increased costs associated with online delivery to consumers and their suppliers. But for digitally-native brands without access to physical stores, this could be painful should it become the new normal. If you ask FedEx, it already has.
Walmart’s U.S. e-commerce chief, Marc Lore, departs with the company well positioned, but with a mixed bag of results.
In today’s edition of The Daily Dash, congestion and gate restrictions from rail partners hampered J.B. Hunt’s intermodal growth in Q4. Plus, stopping a ransomware attack is not as simple as it sounds, and business-to-business activity is booming.
The levy will apply to customers tendering 30,000 weekly parcels from Jan. 4 to Jan. 31.
UBS equity research analyst Tom Wadewitz’s 2021 outlook calls for a continuation of healthy freight activity during the first half of the year with a little more uncertainty in the back half.
Parcel-delivery surcharges are to be front and center in conversations next year.
FedEx will mark its 50th year by harnessing IT for pitched battles with Amazon and UPS.
FedEx Corp.had announced acquisition of e-commerce platform ShopRunner earlier this month.
Canada now has two COVID-19 vaccines in circulation. FedEx Express flew in the first shipment from Europe on Thursday.
With vaccines in tow, the transportation industry will deliver a lot of much-needed holiday cheer over the next few weeks.
In today’s edition of The Daily Dash, cyberattacks on Forward Air and Central Freight Lines are causing supply chain issues. Plus, FedEx and UPS receive kudos for their performance transporting the COVID vaccines.
UPS cuts parcel-induction levies much deeper than FedEx, starting mid-January.
Xwing, not X-Men. When you need to pay the bills, you do what Xwing did: Skip the fancy technology and put a pilot in the plane to ferry COVID vaccines to needy areas.
In today’s edition of The Daily Dash, project44 has secured $100 million in funding; plus, Amazon was forced to close a warehouse days before Christmas because of rising COVID cases and McKesson has started shipping Moderna’s vaccine.
Coca-Cola slashes jobs in an effort to restructure.
In today’s edition of The Daily Dash, transportation analysts say the good times will likely continue for the sector throughout 2021. Plus, Central Freight Lines is being sued for nonpayment of invoices, and International Roadcheck compliance numbers improve in 2020.
FedEx looks to prosper in 2021 FedEx has become a pivotal player in the distribution of the coronavirus vaccine, rolling out delivery of the Pfizer vaccine this past week and […]
In today’s edition of The Daily Dash, FMCSA will ease restrictions for obtaining a CDL. Plus, Schneider is boosting driver pay again and Navistar reports lower truck sales and earnings.
Shares take a hard hit in after-hours trade despite blowout fiscal second-quarter results across the board.
Storms, Warp Speed and COVID put retailers and consumers in an anxious holiday mood.
FedEx to cut prices from holiday levels on three surcharges.
FedEx Express (NYSE: FDX) and UPS (NYSE: UPS) trucks departed Pfizer Inc.’s (NYSE: PFE) sprawling manufacturing facility in Portage, Michigan, on Sunday morning loaded with COVID-19 vaccines packed in dry […]
Domestic express carriers spring into action, moving the first doses of COVID-19 vaccine to healthcare facilities.
In today’s edition of The Daily Dash, shipments designed to test the COVID supply chain identified some potential delivery issues. Plus, U.S. Treasury Secretary Steve Mnuchin said he would not have made a $700 loan to YRC Worldwide and trucking safety groups have concerns about possible exemptions for vaccine deliveries.
In today’s edition of The Daily Dash, it’s been one year since the collapse of Celadon, and FreightWaves talks to some former drivers. Plus, Estes has been hit with a COVID-related lawsuit and Covenant is bumping up driver pay.
FedEx Canada and Innomar Strategies secure a Canadian government contract to distribute millions of COVID-19 vaccine doses.
Shares hit record close as UBS markedly boosts EPS for fiscal 2021 second quarter and raises 12-month price target to $380 from $320.
FedEx goes beyond partnerships to swallow e-commerce platform provider.
The improvements bring time-in-transit performance into parity with rival FedEx.
Kevin Hill and Michael Vincent talk about the importance of understanding how to interpret data The second half of the week before Thanksgiving has shown continued growth in the market […]
The Canadian government prequalified FedEx Canada, UPS Health Care, McKesson and Kuehne + Nagel to bid on a contract to distribute millions of COVID-19 vaccine doses.
Amazon has ambitions to expand its air network internationally, and now has its own airport sort center in Europe.
Major companies in the transportation and logistics world have taken interest in Canada’s massive undertaking to distribute millions of COVID-19 vaccine doses.
In today’s edition of The Daily Dash, trucking has plenty at stake in the upcoming election; ATA says it must win its legal fight over Rhode Island truck-only tolls; and a pilot program for under-21-year-old military CDL holders is struggling to find participants.
The iPhone 12 has arrived and UPS and FedEx are two of Apple’s shipping providers.
State officials were among the guests cheering for the ports’ fiscal-year successes.
In today’s edition of The Daily Dash, OOIDA will back FMCSA in a lawsuit defending hours-of-service changes. Plus, regional carriers could see a strong holiday season and equipment orders are up and that could complicate 2020 rate forecasting.
FedEx Express will open a $12M, 193,000-square-foot logistics center in the Mexican city of León, creating 150 jobs.
Increased e-commerce sales are driving the need for additional industrial warehouse space for retailers and shipping companies.
Air cargo traffic keeps Ted Stevens Anchorage International Airport in the same league as FedEx’s and UPS’ super-hubs.
In today’s edition of The Daily Dash, the future of Nikola’s Badger electric pickup is up in the air; President Donald Trump signs a one-year funding extension for surface transportation programs; and a major survey on truck parking nears completion.
Higher costs could cut deep this holiday.
Ignore heavy-goods returns at your own peril, experts warn retailers.
Truckload volumes and rates may have plateaued…for now.
FedEx Direct’s Standard and Premium services now serve 90% of US.
The U.S. government is coordinating with the private sector how to quickly deliver a COVID-19 vaccine, but under one scenario officials are contemplating the military could deploy giant cargo planes to carry refrigerated trucks full of vaccines.
Shares soar after hours.
Accessorial charges also to climb on dozens of services.
FedEx’s SenseAware ID will provide precise location tracking for COVID-19-related medical supplies and other critical shipments.
Company to open 100 buildings this month as demand spikes.
E-commerce delivery times during the holidays might not make the “nice” list with this year’s soaring online purchases.
Increases go into effect Oct. 18.
Company takes swipe at `opaque’ levies imposed by FedEx, UPS.
eBay sellers to have access to broader range of UPS services through integration initiative.
In today’s edition of The Daily Dash, shippers learn they can expect to pay much more this holiday. Plus, hair testing for drugs is closer to reality, and a new partnership aims to put 1,000 autonomous vehicles on the road.
FedEx and UPS prepare to slam their largest customers with big-time peak-season surcharges.
LTL and parcel networks slowly restore service with the hurricane way to the north.
In today’s edition of The Daily Dash, the FreightWaves Carrier Summit began on Wednesday; a new upstart wants to dig deeper into supply chains; and FedEx sets peak season shipping charges.
FedEx imposes peak season surcharges and takes different tack than UPS.
DeJoy affirms plenty of capacity for handling presidential election mail-in ballots.
FedEx Freight is expanding its freight distribution operation in Laredo, Texas, near the US-Mexico border.
UPS pilots are seeking protections from aggressive health safety measures in Hong Kong but aren’t going as far as their counterparts at FedEx.
UPS’ quarterly results are much better than analysts anticipated.
FedEx pilots say they face risks to their safety, well-being and mental health in Hong Kong, where they must submit to aggressive quarantine procedures.
FedEx Custom Critical CEO Ramona Hood discusses how she and her team redoubled their efforts on inclusion and diversity after protests swept the U.S. following the killing of George Floyd.
FedEx Corp. had significant positives in its fourth-quarter earnings report released Tuesday, including much-better-than-expected earnings before interest and taxes.
FedEx Corp. posted a $334 million net loss for Q4 on Tuesday, but shares spiked on strong non-GAAP results.
“Freedom of the Skies” is tempered by landing slots at airports, which are controlled by the governments the airports are in. In the high-stakes world of air cargo, landing slots are very valuable. Learn more in Darren Prokop’s commentary.
Roundup comprises elections and selections by Atlas Air, Elemica, Georgia Ports Authority, Hapag-Lloyd, NCBFAA and VeriShip.
FedEx will see $370 million in noncash charges stemming from valuation declines in previously acquired operating units.
The alliance between FedEx and Microsoft may change supply chains,. Brian Aoaeh explores the issues involved.
Companies and governments should be prepared to work together as blockchain becomes a more prevalent part of both entities’ operations.
Amazon Air has gone from start-up to mid-size cargo airline in four years. By mid-decade, it is expected to be in air cargo’s major leagues.
“With digital logistics, you can democratize manufacturing to the point of consumption,” said James Regenor.
Move follows UPS fees implemented a few days ago.
As protests over the death of George Floyd expand nationwide, road closures and safety concerns are starting to impact freight movements and put the lives of truck drivers at risk
FedEx reported to be exploring alternative growth path in Europe through stake in German parcel company Hermes.
FedEx is experimenting with combining some elements of its Express and Ground units. Read about how that might affect the company.
The partnership could help Microsoft usher in a new era of retail.
Online shopping surge, coronavirus breed new e-commerce alliances
There are more ways to help businesses struggling during the coronavirus crisis than loans and direct payments. The Australian government has operationalized an international airfreight support program to restore supply chains for perishables that were broken by the pandemic, threatening to kill business for many exporters.
FAA cuts tower hours for air traffic control, but airports should continue to function smoothly.
Prominent transportation leaders are part of a business task force offering ideas on when and how to lift coronavirus restrictions.