UPS has sued a pot delivery company in California saying the company is infringing on hits trademarks; also FreightWaves announces a War on Detention, Connecticut wants to add tolls, and Ford leaves South America.
Class 1 railroad plans ongoing projects at intermodal facility which is near major shippers and new warehouse space.
Jacobs now must manage through loss of $600 million of his largest customer’s business.
The U.S. Postal Service has been turning in losses every year, and a White House task force has asked the USPS to look at franchising the mailbox to prop up the declining margins.
Shipping, orders continue to skyrocket.
Company expects double-digit operating profits this year for all three units.
Inxeption has designed the first blockchain-based e-commerce platform for B2B that catalogs and digitizes product information.
Global trade body recognizes that old rules don’t apply.
A former NTSB executive tells FreightWaves that “perishable information” critical to freight accident investigations is at risk of disappearing.
Another competitive threat to the incumbents?
Ten markets to be added by mid-year, companies say.
Shipping trends of 2019 are requiring established freight carriers to evolve their operational models. UPS is developing more super-hubs to facilitate growth through handling more high margin shipments.
Gilbert becomes first president of fast-growing unit.
FedEx started with Flying Cargo in 1990.
State, local officials have harsh words for FedEx Ground. Unit fires back.
Saturday pick-ups to be processed the same day; arrivals come a day earlier
January’s World Economic Forum (WEF) white paper identified 16 factories that are leading the world economy in manufacturing technology. The United States has only one of these “lighthouse” facilities – Fast Radius’s Chicago factory, located in the city’s West Loop.
Will Amazon take more boxes at the expense of FedEx, UPS, USPS?
Results aided by strong collaboration with shippers.
In partnership with Slync… improving on-time rates and a continually evolving reverse logistics season have increased the pressure on supply chain partners to manage exceptions collaboratively and proactively.
Prime offerings gained serious traction over holidays.
Amazon Air presents a new challenge to legacy air freight carriers by announcing a new hub at Fort Worth Alliance airport.
Are FedEx Express’ international issues macro-driven or company-specific?
Will the mailbox monopoly be loosened to let the big boys in?
Amazon’s project, expected to be completed in late 2019, is significant in that it will be Amazon’s first regional air facility, and will be the first the company will build from scratch. It may also take on added significance because of the vast logistics ecosystem of which the airport is a part.
USPS should avoid the heavy stuff like this, consultant says.
Company waits unusually long time to announce 2019 rate hikes, gives shippers short time to comply.
German logistics giant still has small share of U.S. package distribution, but hopes new centers will change that.
Highest Thanksgiving week on-time delivery rates in 5 years.
The National Academies of Science has identified seven core research areas that it said could help DOT determine possible changes to truck size and weight.
With the ongoing, high-profile negative news surrounding Tesla, there is still interest in the company’s electric semi. Albertsons Companies, which operates well-known food and drug retailers across the country, has purchased 10 Tesla Semi all-electric trucks.
Higher surcharges to carry through peak season.
Pilot underway in Dallas-Ft.Worth market.
On Wednesday at the Texan Gaylord Resort and Convention Center, following MarketWaves18, members of the Blockchain in Transport Alliance (BiTA) met to receive updates on the organization’s progress toward data standards, hear announcements, share feedback, and learn about the work being done by BiTA’s think thanks.
Company expands time-definite delivery portfolio
UPS advised shippers to take LTL business elsewhere. They did.
Rank-and-file at UPS Freight unit overwhelmingly ratify 5-year pact.
FedEx customers shipping heavy parcels will take it on the chin next year.
Higher rates ahead for FedEx shippers.
Shipper executive takes UPS, Teamsters to task.
UPS will clean out LTL pipeline before Teamster contract votes are counted.
On Monday, November 5th, UPS returns to its pedal power origins with a year-long pilot project that will make deliveries using electric-assist cargo bikes in downtown Seattle.
The Teamsters union has said that proposed changes to a tentative contract from UPS Freight, UPS Inc.’s (NYSE:UPS) less-than-truckload unit, fails to address the grievances raised by the rank-and-file, and that the union’s negotiating committee will call a nationwide strike sometime after Nov. 12 if workers reject the company’s offer.
Shell introduces ultrafast charging stations to Europe; UPS increases capacity at the wake of the holiday season; CMA CGM offers to buyout Ceva Logistics.
8VC, the venture capital fund dedicated to solving real-world problems through industry transformation, announced Alan Gershenhorn, former Executive Vice President and Chief Commercial Officer of United Parcel Service, Inc., (NYSE: UPS), has joined the firm as an advisor.
UPS Inc. will expand its “My Choice” customized delivery program to the business-to-business segment during the first quarter of next year.
The UPS Freight 30-day period is coming to an end and rank-and-file angry with the ratification decision in the face of a “no” vote are not sitting quietly.
Continuing efforts to fight what he says are unfair trade practices, the administration of President Donald Trump announced the U.S. will pull out of the Universal Postal Union (UPU) treaty, which sets how much can be charged for international shipping.
The master agreement was ratified with less than 50% of the vote. Now it appears some of the local deals were as well.
The rank-and-file rejected the agreement, but the union says it didn’t meet a minimum level to not accept a deal. UPS appears baffled by all of this.
BNSF announced that former chief executive Matthew Rose will retire from a his role as executive chairman of the largest freight railroad in the U.S. effective next April, and more in Today’s Pickup.
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.
Home Depot is Uberizing same and next-day last mile delivery with two startups backed by UPS. It’s part of Home Depot’s $1.2B investment to makes its supply chains faster and more efficient.
Nestlé commits to pumping the brakes on deforestation caused by palm oil production, Maersk surcharges are on the horizon, and Audi announces their plan to break into the electric vehicle market.
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.
Amazon is scaling up its asset side on both last mile delivery and linehaul, pursuing a low-cost strategy of leased vehicles, independent contractors, and power-only deals with enterprise carriers.
“It’s not just about cars and satellites and cereal,” says CEO Lou Rassey. “It’s about feeding and empowering the world with the things we make. That’s the heart of Fast Radius.”
The digital platform is designed to match warehouse space and fulfillment services with small and medium-sized companies working to get online orders out fast.
Transpacific container rates post gains; United States and Mexico try to reach an agreement on the automotive trade; what Amazon did last week; Lloyd’s of London rethinks marine insurance; Mexico City’s new airport has uncertain future; tanker market faces added pressure from US-China spat.
Sponsored by LaunchIt Public Relations…Alan Amling, director of UPS’s Global On-Demand Manufacturing Initiative pursues the benefits of on-demand additive manufacturing.
The concept involves storing a multitude of various types of data within a distributed ledger network, including information about a given package’s destination, its movement and transportation plans for shipment units.
Transpacific container rates continue to gain momentum; UPS files blockchain patent applications; Uber is uncertain about self-driving cars; Elon Musk doubles-down on ‘no sleep’; cautious optimism for US-China trade talks lifts equities markets; container lines expect profits in the back half of 2018.
Workhorse Group, a technology company focused on offering sustainable mobility solutions, announced a new public offering of its common stock to raise additional funds as it works towards profitability.
The judgement pertained to a company policy that resulted in drivers who must temporarily move into non-driving roles for medical reasons being paid less than drivers making the same move for non-medical reasons.
Procter & Gamble prices to increase; The end of Uber’s self-driving truck program; Unilever takes a hit from Brazil truck strike; Gap innovates distribution following a 2016 warehouse fire, and more in Today’s Pickup.
UPS today announced a collaboration with Thor Trucks to develop and test a fully-electric class 6 delivery truck in Los Angeles.
UPS reported strong revenue supported by pricing and targeted growth initiatives during its second quarter earnings call Wednesday. Adjusted earnings per share climbed 23 percent to $1.94, and total revenue was up nearly 10 percent.
The Freight division of UPS is far smaller than its package division, but it also has reached agreement on a new five-year pact.
The sleeper drivers at UPS, by the end of a five-year contract, would have rates that are approaching $1 per mile.
UPS remains silent on the agreed-upon contract, but its union makes it look all but certain that Sunday delivery is coming.
Between 2008 and 2018 UPS will have invested more than $1 billion in alternative-fuel and advanced-technology vehicles and fueling stations.
Shrugging off any potential disruption due to trade war, FedEx Corp. executives were upbeat about the outlook for 2019 for both the general economy and FedEx’s operating units during its fiscal 2018 fourth-quarter and year-end earnings call on Tuesday.
As alternative energy continues to make headlines, companies are adding more electric vehicles their fleets. Both Ryder and UPS announced significant EV additions earlier this month.
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.
According to experts, platooning is a “now” technology ready for commercial operations, but there is still some resistance and operational challenges that must be overcome.
Parcel giant UPS announced plans to increase fees for overweight shipments as the company continues to try and discourage shippers from dumping their large items into UPS’ network designed from small packages.
On the earnings calls, lots of talk about driver shortages but no suggestion that companies see it as hindering their growth.
The union’s negotiating committee tosses three members, with the issue of 7-day delivery at the heart of the dispute.
The U.S. Treasury said it would revoke authorization for aviation exports to Iran within 90 days, all but prohibiting big orders Iran placed for Boeing Co. and Airbus SE jets.
UPS is currently in talks with at least one trucking company to start an in-home delivery service for large goods such as appliances and furniture. This move could provide a competitive advantage for UPS, and allow the company to take advantage of the rapid growth in e-commerce sales of larger items.
OEMs, fleets, and policymakers came together to talk about what drives innovation in clean transport technology. They also discussed California’s lawsuit against the EPA and the uncertain regulatory climate.
Amazon and the US Postal Service have grown package volumes and profits together in a mutually beneficial relationship.
Earnings season is here; UPS posts 13th quarter of double digit growth; Knight-Swift finds synergies; Maersk trials autonomous ships; the Mustang is the last Ford car left; Barclays and Goldman Sachs collab on data standards for derivatives and blockchain; Union Pacific beats the Street.
The company is moving fast in an effort to stay on top of trends, to see industry changes as opportunities, and to continue to act offensively.
Hapag-Lloyd explores priority container freight; CSX raked in Q1 profits; aluminum prices are turbulent; UPS launches Groupon-like discounts for retailers; project44 raises $35M in Series A.
Shippers are anticipating continued volume increases, tighter capacity, and further rate increases according to a Morgan Stanley survey.
China approves drone package delivery; driver pay is up 15% in 3 years; Hapag-Lloyd has a plan to switch to low sulphur fuel; Trump gears up for fight with Amazon; Barclay’s thinks WTI crude will drop to $51 this year.
Energy and financial markets economist joins the FreightWaves data-science team.
Stifel says UPS is now under-priced; Hapag-Lloyd offers digital rates platform for its customers; the Hudson Tunnel revamp just got harder; freight brokers do record volumes in January.
“By defining what excellence is, you can share in its success,” said Carlton Rose, UPS’ president of global fleet maintenance & engineering.
Leading commodities, markets-data news, and blockchain expert joins FreightWaves as Executive Editor and BiTA’s Head of Member Engagement.
UPS is planning to add 50 plug-in electric vehicles from Workhorse this year for testing with plans to add more units in 2019.
E-commerce sales are putting pressure on retailers and that is leading to additional changes to the movement of freight and logistics.
On top of creating a Godzilla-size footprint across the world, Amazon has also put together a string of strong quarters, 11 to be exact. How significant is their disruption into the carrier space?
In all, 35% of Americans will purchase flowers this year, says the Society of American Florists, totaling some $2 billion in sales, and the most of them get to their destinations via the trucks.
UPS is asking for inclusion of part-time drivers to make Sunday deliveries and also to allow use of personal vehicles in its latest demands in contract negotiations with the Teamsters, according to reports.
The complete loss of Amazon as a customer would not interrupt the ability of FedEx and UPS to continue as prosperous companies even without Amazon.
Senior UPS Economist, Ibrahiim Bayaan joins the FreightWaves team as Chief Economist.
Transport stocks were not immune to the big sell-off on Wall Street on Monday, with the Dow Jones Transport Index falling 336.77 points to 10,350.41, a 3.15% fall on the day.
Some early adopters of the Tesla Semi are receiving another advantage – help with designing and building electric charging stations for the trucks.
