Drone use for package deliveries is expected to remain largely grounded by regulatory and infrastructural hurdles during the next few years, according to Frost and Sullivan.
Cargo planes are in high demand these days because they are the fastest way to get vital medical equipment and supplies to health care workers trying to save the lives of those infected with the coronavirus. But inflexible regulations and bureaucrats can undermine that speed.
FedEx provides a rather dim near-term outlook on operations and announces cost savings and balance sheet actions to preserve liquidity.
The USPS received a $10 billion line of credit in the U.S. Senate version of the coronavirus relief bill. What will the U.S. House of Representatives do?
We discuss the different strategies FedEx and XPO use to build shareholder value.
FedEx is using its air-and-ground express network to delivery COVID-19 test specimens to labs, while UPS used its expertise to help the federal government set up the drive-through program
Oil exporting countries might lose upto 85% of income this year; big 3 automakers partially close plants; Amazon suspends shipment of non-essential items.
Company suspends fiscal 2020 earnings forecast due to COVID-19 outbreak
Deutsche Post World has lowered its guidance for the year and cited Amazon’s continuing insourcing of logistics as a major reason. Plus, Goldman Sachs is predicting a 5% contraction in the economy, labor shortages could hamper restocking of shelves, and the Fed slashes interest rates.
Chief Financial Officer Alan Graf to retire at year-end. Corporate Vice President and Treasurer Mike Lenz to assume the role in September.
Green delivery vehicle arms race heats up
Final-mile smart lock provider BoxLock announces $4.5 million funding round.
FedEx paid the Big Apple $9.8 million in fines as multiple users compete for limited curb space.
UPS pilots stand to see improved wages and retirement benefits from a new contract.
Daseke has found a permanent replacement for its retired founder and namesake Don Daseke, naming interim CEO Chris Easter to the position. Plus, Valentine’s Day logistics, truckers in Oregon get political and Chinese truck capacity shrinks.
Like most mega-companies, UPS Inc. (NYSE:UPS) is loath to publicly discuss customers or its relationships with them. It refuses to answer reporters’ questions about customers. It never mentions them in […]
The coronavirus could present a silver lining for freighter operators, but any boost in business may be weeks or months away, depending on how long the contagion lasts.
Too much Amazon traffic may spoil the Brown broth
UPS unveils a slew of products and services ahead of tomorrow’s fourth quarter results
Quarantines and factory shutdowns could deepen and extend the traditional Chinese New Year trough.
Urban deliveries to overrun cities. Tier one auto suppliers to get squeezed
The stories that will keep you in front of the pack.
Electric trucks in big numbers are still years away, but interest among truck makers and fleets is widespread and growing.
FedEx Freight levies $7 `California compliance’ surcharge on all LTL shipments in, out and within the state
Amazon lifts ban on third-party sellers’ use of FedEx Ground and Home Delivery
Companies from Amazon to Zulily agree to help Customs and Border Protection figure out how to identify and target high-risk shipments.
UPS says Daniel Kepner, 53, and Dennis Kehler, 48, were driving together in one of the three tractor-trailers involved in the early morning pileup east of Pittsburgh that left five people dead and about 60 injured.
UPS and FedEx offer cooperation to authorities and sympathies to victims in collision that left five people dead and scores injured 30 miles east of Pittsburgh.
Are the reports of FedEx’s struggles greatly exaggerated?
FedEx’s Fred Smith speaks candidly about the future. Target kicks e-commerce butt.
Car-haulers face challenging times. Kalanick sells out-literally. Will Amazon’s free standing logistics model spring forth?
First, we hit you with some of the latest headlines. Heniff Transportation and Superior Bulk Logistics are set to merge. Ohio-based GDS Express abruptly ceases operations. Rising wrestling star, Matt […]
USMCA will cost automakers $3 billion in added tariffs; Chinese EV sales plunge; U.S. holiday season will see over $1 trillion in sales.
FedEx on the ropes after awful fiscal q2 results, stock price plunge
Darren Prokop writes about foreign trade zones and their impact on imports, exports and the economy.
Amazon hires passenger carrier to operate freighters.
Amazon-FedEx divorce gets ugly and hurts merchants
FedEx’s lousy second quarter results are a cost issue first and foremost
Amazon to block customers of its Seller-Fulfilled Prime service from using FedEx units for deliveries
Tesla’s truck may not comply with Euro standards. Consultant takes issue with Morgan Stanley’s Amazon firecast
East Midlands Airport is adding an experienced air cargo manager to head cargo operations during a period of expansion.
Top four parcel delivery firms perform well in first week of peak season, ShipMatrix says
Price wars in e-grocery delivery hurt everyone; Pooping while u work at Union Pacific; Getting snazzy in delivery bots
The Blockchain in Transport Alliance announced it will participate in two blockchain proof-of-concept projects in the coming months. The organization’s working groups also provided updates on the progress of standards development at its BiTA Symposium Chicago on Nov. 14, 2019.
Proposal could undercut “hundreds of millions” spent on connected-vehicle infrastructure
For first time, FedEx and UPS will impose additional handling surcharges on shipments weighing less than 70 pounds.
Meet David Faulkenberry, FreightWaves final mile market expert, who joins the company’s deep bench after a storied career at XPO Logistics, 3PD, HomeDirect, GeoLogistics and more.
Do we really need nail bars in warehouses’ Fedex’s Smith challenges New York Times publisher to tax policy debate
UPS to waive money back guarantees on late deliveries if 3rdparties access package tracking data
To increase development and deployment of real-world blockchain projects, the conversation needs to shift towards the value blockchain can provide rather than the technology itself, said Dr. Mary Lacity, director of the Blockchain Center of Excellence at the Walton School of Business at the University of Arkansas.
USPS sees fiscal 2019 shipping volumes stagnate as it posts massive net loss for year
FedEx Express doubles originating network for Asia-Pacific early-AM flights to U.S.
Regional parcel carriers look to e-commerce to boost small market share
FedEx looks to allow flat-rate shipping customers to use their own packaging when they tender boxes.
UPS expects tsunami of returns this holiday season
Expect rate divergences between FedEx and UPS into 2020, led by dramatic changes in last-mile deliveries
Oil and gas price forecasts were cut by major banks for 2020; global economic slowdown has hit steel production; Volkswagen looks to commercialize autonomous vehicles by 2025.
Tech-enabled last mile is still in early innings, and there are a number of competing strategies.
UPS expands drone operations, healthcare and e-commerce services
FedEx Express [NYSE: FDX] on Friday used an unmanned aerial vehicle instead of a truck for last-mile residential deliveries on behalf of pharmacy retailer Walgreens. The Oct. 18 deliveries were […]
UPS has entered the flat-rate pricing game, trying to do things differently than its chief rival.
FedEx Freight goes national for its last-mile heavy freight deliveries
Now Goldman thinks that ISM data won’t turn positive until Q2 2020.
FedEx, Walgreens add returns services to portfolio
Commercial airplane deliveries at The Boeing Co. [NYSE: BA] nose-dived by two-thirds in the third quarter compared to the same period in 2018 and by almost half year-to-date, according to […]
This means that customers can ship or drop off packages while they shop for yarn or Halloween decor.
Agency envisions using trucks as launch point for last-mile customers.
In wake of poor q1 results and a massive decline in share price, questions arise as to whether FedEx’s issues are cyclical or structural
FedEx posts lousy fiscal q1 results but insists that the long-term outlook remains bright
FedEx passes on peak season surcharges but will hit the outsized stiff hard. Rates also to rise for 2020 services.
The Justice Department has asked the express carrier’s lawsuit to be dismissed, stating that it should be up to Congress and not the court to decide if the Export Administration Regulations apply.
“Aggressive” management style has led to driver abuse, senators claim.
UPS to hire 100k employees for peak season, and will expand tuition reimbursement plan
China has begun probe into charges FedEx handled restricted knives bound for Hong Kong
FedEx acquires Colombian freight forwarder, customs broker
FedEx Freight expands its last-mile delivery network to 19 US markets
The summer doldrums were broken violently by an escalation in the U.S.-China trade war and tweets
Fed policy talk and China’s retaliatory tariffs couldn’t spook the markets. It was the President’s tweets that sent the markets into a tailspin. With tariff increases on the horizon, we can be somewhat certain that more uncertainty and volatility will likely ensue for the transportation stocks.
Using data from FreightWaves SONAR, economist Ibrahiim Bayaan writes about the state of the U.S. retail market and what is ahead for this key sector.
Zoos and aquariums rely on the expertise of logistics professionals to safely and humanely relocate live animals
Eliminating the residential fee reveals UPS’ comfort level and ability to better engineer its network.
USPS’ first quarterly decline in package volumes in 9 years throws up warning flares over lost business from its biggest customers
Shipping and packages remained lone financial bright spot in latest quarter.
FedEx, tired of jumping through hoops for Amazon.com at non-compensatory rates, cuts the ground-delivery cord with the e-tailer
A hard departure from the European Union will hit availability of fresh foods and increase costs as British supply chains contend with port delays and backlogs, industry group says.
Amazon’s q2 shipping costs soar as costs of one-day delivery launch exceed estimates
Mostly ignored in the B2C rush, small business in the B2B realm are getting a seat at the e-commerce table.
After years on the transport mat, next day air flies off as UPS volume surges
UPS launches a slew of products in arguably its biggest one-day portfolio change in its history
Alibaba re-arranges the US B2B e-commerce landscape by opening its platform to US sellers
Ecommerce continues to grow and Amazon and its competitors continue to innovate and grow. Read insight into the phenomenon by Anothy Smith.
USPS’ pension problems could cost it more than money. CO2 as a KPI for freight? CPG edible firms need to start going online
Jordan Alliger rated UPS, FedEx, and J.B. Hunt ‘Buy’; XPO and C.H. Robinson ‘Neutral’; and Expeditors ‘Sell.’
Logistics has been the key to sustaining the 10-year economic recovery. Amazon is gaining strength in self-handling though not 48 percent. FedEx’s Smith pledges there are no “sacred cows” at the company
FedEx preaches patience and looking beyond FY2020’s results. It will be a tough sell.
With IMO2020 just around the corner, FreightWaves Radio this weekend takes a look at how it might impact fuel markets. J. Scott Susich, the director of data analytics and advisory […]
