FedEx results hurt by weak demand, fewer premium customers
A challenging parcel environment led to disappointing first-quarter results for FedEx.
A challenging parcel environment led to disappointing first-quarter results for FedEx.
The old FedEx and UPS business models aren’t working in a parcel market undergoing radical transformation. The express carriers need to rethink their network strategies as B2C shipping takes precedence and consumers compromise on speed to get lower prices.
Point Pickup Technologies has agreed to sell $100,000 in assets to Delivered, including customer lists, software, transferable permits, books and records, Point Pickup’s website, and promotional materials.
The U.S. Postal Service picked UPS to replace FedEx as its primary partner for moving parcels by air, but analysts say FedEx actually comes out ahead by losing the business.
Thefts from a storage facility have raised concerns from a government watchdog agency as the Postal Service moves to electrify its delivery fleet.
In this edition: Fraud takes no breaks for the holidays, it takes a lot of semi-trucks to move Thanksgiving, and lots of businesses can profit from the parcel rate wars.
Your latest info on all things cold chain
Union pilots at UPS are ready to show solidarity with Teamsters workers if there is a strike, which would ground UPS Airlines.
Without agreement, Teamsters General President Sean M. O’Brien will demand UPS present its last, best and final offer.
As negotiations get underway between UPS and the Teamsters, here are key considerations for shippers navigating a period of uncertainty.
Ireland-based cargo group ASL Aviation is expanding to Australia with the acquisition of a FedEx contract carrier.
“It’s not a one-size-fits-all scenario. We can sit down with any merchant of any size, with any kind of commodity and really understand their needs and how both the technology and our carrier network can get that customer delivery experience they are looking for,” said Brad Noble, Passport’s new head of business development.
Japan Airlines will fly freighters for Yamato Transport, which needs airlift to supplement a shrinking pool of truck drivers in Japan.
Sunday parcel deliveries
With its fleet of electric vehicles, GoBolt will offer same- and next-day delivery of small parcels in the U.S. and Canada.
Pitney Bowes Parcel Shipping Index predicts record numbers ahead
Company says more to come in months ahead
Crowded city streets and limited spaces slow down the last mile, drive up costs
As fuel prices rise, the ability of last-mile delivery firms to either absorb those costs or pass them along to customers could be key to their survival.
Amazon Air is a juggernaut. It has doubled in size in two years.
Postal Service reform legislation is headed to the White House after the Senate stamped its approval on Tuesday.
As parcel demand has skyrocketed, shippers have obviously been faced with serious capacity issues.
Amazon Air is expanding further in the Great Plains.
A Postal Service reform package passed by the House on Tuesday would eliminate massive financial burdens at the agency while maintaining a unified package and mail network.
While major parcel carriers offer a one-size-fits-all service under the guise of simplification, ACI Logistix applies a consultative approach.
New vaccination requirements are coming for cross-border drivers, cargo thieves strike again and again, and Amazon takes on UPS and FedEx.
25,000 personal care products now available in 6 markets
Amazon Air’s rate of growth is amazing. It will soon have 80 aircraft moving e-commerce shipments for business and residential customers.
“Over more than two years of working with Parcel Perform, their solution has become our global track-and-trace solution,” said Davide Costella, global delivery services manager at Nespresso.
DHL’s delivery drone had been in the works since 2013, but it’s been scrapped.
Postmaster General DeJoy underscored improved performance at the Postal Service despite a $3 billion quarterly loss.
Modern narrowbody freighters that can be reclaimed for cargo are very popular with all-cargo operators because they fit well with express networks. Leasing companies are making more planes, like the 837-800, available.
E-commerce pushes rapid growth in domestic parcel business
DHL Express is constantly investing in its network, but the growth of e-commerce is accelerating expansion of its operations.
“Our goal with this partnership is to alleviate the task of high cost and difficult deliveries from everyday delivery drivers,” a Nuro spokesperson said about FedEx testing the company’s autonomous delivery robot.
FedEx remains inundated with elevated parcel volume stemming from continued online shopping resulting in longer delivery times, service blunders and upset customers.
Pitney Bowes has added ParcelPoint Smart Lockers to its parcel locker portfolio, providing a secure, technology-enabled solution for enterprises.
Creating technology that once affixed to a parcel, activates tracking and other monitoring capabilities.
Purolator is considered the FedEx or UPS of Canada. The express delivery company has hired an airline to help it move more packages between the U.S. and Canada.
DeJoy testifies that the Postal Service must focus on increasing its 35% share of the package market currently dominated by private carriers.
E-commerce is the growth engine for air cargo. It’s why DHL Express just added a new air/parcel hub in Milan, Italy.
Postal Service chief defends his strategy to shift mail from planes to trucks despite the resulting longer delivery times.
Geodis’ Jeff McDermott joined FreightWaves to talk about challenges that parcel carriers are facing and lessons learned from the pandemic.
S.F. Express is growing its domestic Chinese parcel business at a dizzying rate. The acquisition of a large Hong Kong logistics company helps it expand overseas.
Call Cainiao the Amazon Logistics of China. When most of China normally takes a break for the Lunar New Year, Cainiao will still be delivering packages to Hong Kong this year.
UPS takes part in a business panel on why Congress should support last-mile delivery and electric vehicles.
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.
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.
FedEx and UPS are running into a van shortage amid a record surge in parcel volumes. As the number of packages increases during the holidays, carriers are finding themselves without vans to make final mile deliveries.
Here are some examples of eco-friendly packing fillers.
JAL supports testing drone systems to safely and efficiently deliver essential goods to the country’s health care network.
(Updated Sept. 15, 10:20 A.M. ET with information on FedEx) Worsening smoke conditions prompted Alaska Airlines (NYSE: ALK to suspend all flights for 24 hours in Portland, Oregon, and Spokane, […]
John Hagi of AIT Worldwide Logistics addresses the large integrators’ efforts to shift away from shipping heavy, bulky packages.
Amazon has outsourced aircraft operations again to long-standing vendor Air Transport Services Group. But Amazon is diversifying how it operates, adding an owned aircraft to its fleet.
The flagship Japanese airline joins other transportation and technology providers to develop urban freight delivery capabilities with drones.
UPS is a modern-day version of the Pony Express, which operated its eastern terminal outside Kansas City. UPS is adding space at the Kansas City airport to park five aircraft wingtip to wingtip.
DeJoy affirms plenty of capacity for handling presidential election mail-in ballots.
USPS chief DeJoy says agency is in “financially unsustainable position absent significant fundamental change.”
French 3PL FM Logistic reports strong organic growth in its recent fiscal year as European expansion progresses. The company didn’t issue annual guidance due to COVID-19 uncertainty.
The coronavirus exposed inefficiencies in almost every corner of life and business — including logistics.
FedEx is experimenting with combining some elements of its Express and Ground units. Read about how that might affect the company.
Selection from private sector feeds speculation of potential privatization of federal agency.
UPS faces economic and other challenges in the wake of COVID-19.
logistics workers demand hazard pay; customer traffic fell across storefronts last week; supply chains will diversify post-epidemic.
Final-mile smart lock provider BoxLock announces $4.5 million funding round.
Market expert David Faulkenberry explains the details of final mile delivery.
Delta Air Lines [NYSE: DAL] has teamed with on-demand delivery company Roadie to launch a door-to-door, cross-country shipping service for time-critical goods such as medical equipment, and automotive and industrial […]
EEOC agreement clarifies obligations to both union and non-union workers.
Shipping and packages remained lone financial bright spot in latest quarter.
E-commerce packages are flooding the U.S. The vast majority contain legal products, but U.S. Customs and Border Patrol worries about those that contain illegal or dangerous products.
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DHL, FedEx and UPS have dominated the global express market for years but recently, China’s express providers (including YTO Express, STO Express and SF Express) have been nipping at the […]
In light of declining newspaper readership and the need to reduce costs, PCF is looking to parcel delivery providers as an alternative to traditional delivery methods. Download this complimentary white paper to read about the challenges that have led to this potential game-changer for the newspaper industry, as well as how PCF is using their logistics acumen and state-of-the-art technology to maximize reach for the newspaper industry.
The U.S. may move ahead with its plan to withdraw from an international rate setting forum if a compromise allowing countries to self declare rates falls through.
Onfleet won the first annual RTech supply chain innovation award for its online dashboard application. The application’s software assists businesses to manage in-house deliveries, as well as managing outsourced last-mile deliveries.
A dicey delivery season looms.
FedEx customers shipping heavy parcels will take it on the chin next year.
As peak season nears, EnVista’s Senior Project Manager Mark Taylor gave FUEL 2018 attendees his best tips to navigate the sea of surcharges that lies ahead.
Parcel giant UPS announced today that it expects to hire about 100,000 seasonal employees to support the anticipated surge in package volume that will begin in November and continue through January 2019.
Intelligent Audit’s new white paper about auditing parcel carrier invoices identifies a significant opportunity for shippers to gain freight cost visibility, reduce their spend, and get leverage for more favorable contract negotiations.
55 days out from a July 31 deadline, UPS workers represented by the Teamsters have voted to authorize a strike in the event that talks fail.
Amazon and the US Postal Service have grown package volumes and profits together in a mutually beneficial relationship.
Dispatch Science is a new approach with new technology with constraint-based, problem solving capability with current traditionally based solutions.
A new survey finds that global e-commerce logistics are still handled by manual processes by many, but more technology is finally beginning to take hold.