FedEx will fly fewer aircraft and go to fewer U.S. cities starting this fall as a consequence of the U.S. Postal Service giving its primary air cargo contract to a competitor.
The size of the U.S. Postal Service network could allow the agency to take e-commerce market share from UPS and FedEx.
UPS is working to transition U.S. Postal Service business from incumbent air cargo supplier FedEx and hire more pilots before the current contract officially ends.
Express delivery giant UPS is recruiting pilots again after beating out FedEx for the Postal Service’s air transport contract.
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.
The U.S. Postal Service contract is an albatross around FedEx’s neck. The company needs to fly less during the daytime and consolidate more express and ground parcel shipments, Barclays says.
FedEx Express faces more headwinds in its effort to improve profitability as the U.S. Postal Service prepares to drop air routes from contracted service.
Thefts from a storage facility have raised concerns from a government watchdog agency as the Postal Service moves to electrify its delivery fleet.
Automated equipment put to work for the U.S. Postal Service failed to achieve projected savings, according to the agency’s watchdog.
U.S. Postal Service contractor Matheson Flight Extenders (MFE), which operates 44 mail sorting and terminal handling services across the country, filed paperwork this week stating that it plans to cut more than 660 jobs at two of its facilities in Atlanta and in Brandywine, Maryland, by Oct. 15.
Aloha Air Cargo is seeking to change an unusual federal limit on its fleet size so it can deliver more mail between the Hawaiian Islands.
6 airlines have settled with US government over charges of hiding late mail deliveries
Air France-KLM has reached a $3.9 million settlement with the U.S. government to resolve a fraud investigation involving international mail delivery.
Delta is the latest airline to settle charges of defrauding the U.S. Postal Service on mail transport contracts.
New operating efficiencies could open the door to expanded fleet electrification, the Postal Service says.
The U.S. Postal Service is offering online marketplaces a new e-commerce service designed to lower shipping costs for parcels.
Zonos, a technology company focused on enabling cross-border commerce, has secured a new contract with the Postal Service.
The Postal Service rejected lawmakers’ calls to produce a new analysis of its future electric delivery vehicle fleet.
In its initial order for the next-generation delivery vehicle, the Postal Service surprised by ordering a mix of powertrains that includes 20% electric vehicles among the 50,000-vehicle order.
Freightliner Custom Chassis Corp. leverages parent Daimler Truck North America’s dealership and service network to battle competitors.
Fake timestamps helped UPS collect full payment for U.S. Postal Service deliveries, federal authorities say.
The U.S. Postal Service wants to grab a larger share of the parcel business, and it is rolling out programs designed to do just that.
Postal Service reform legislation is headed to the White House after the Senate stamped its approval on Tuesday.
A U.S. Postal Service evaluation concluded that electric vehicles make sense for its next-generation delivery vehicle, but a short time frame and lack of funding require the deployment of gasoline-powered vehicles initially.
Facing a year with no revenue, Workhorse Group has turned to Canada’s GreenPower Motor to get Class 4 vans it can sell this year.
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.
An Office of Inspector General report said a shortage of commercial truck drivers may compromise the Postal Service’s surface transport capability.
President Biden intends to replace Postal Service governors in a move aimed at ousting Postmaster General Louis DeJoy, according to reports.
The agency plans an array of parcel-delivery rate increases soon after the yuletide ends.
Cargo Force is the intermediary between the U.S. Postal Service and FedEx on Priority air shipments.
New CEO continues remaking executive team, with the chief financial officer and chief operating officer departing.
Noncontract prices will climb by 5.9% for FedEx’s Express, Ground and Freight services.
Workhorse decides to pursue alternative opportunities after ending its bid fight with the Postal Service.
Most of the levies will fall within the range of 20 cents to 29 cents per package.
Workhouse Group is reviewing its electric delivery van designs to add cargo capacity and sold most of its stake in troubled Lordstown Motors.
Postmaster General DeJoy underscored improved performance at the Postal Service despite a $3 billion quarterly loss.
The Postal Service OIG seeks an additional $17 million to respond to future service challenges.
Shares surge as the proposed sale to Thoma Bravo promises a whopping premium to shareholders.
Attorneys general are urging the Postal Regulatory Commission to order the agency to abandon its multiyear focus on parcels until mail delivery problems are resolved.
Workhorse’s unsealed complaint against the Postal Service claims Oshkosh got preferred treatment and skirted the rules in lobbying for the main truck contract.
Oshkosh files to intervene in Workhorse’s lawsuit against the U.S. Postal Service.
Once high-flying SPAC Lordstown Motors said Tuesday it may fail without more money to produce commercial electric pickup trucks.
Workhorse Group has nothing significant driving its stock price higher, only retail traders seeking to make money if the price falls.
Workhorse Group built 38 last-mile electric delivery vans in Q1 and revised its build to 1,000 trucks from 1,800 for the full year.
Oshkosh can make 100% battery-electric delivery trucks for the U.S. Postal Service, likely dashing Workhorse’s hopes of reigniting the competition.
Biden executive order will make it easier to lead by example on electric vehicles, DOT chief says.
Congressman Sam Graves proposes using the Postal Service to test a new bridge and highway funding effort.
DeJoy testifies that the Postal Service must focus on increasing its 35% share of the package market currently dominated by private carriers.
Seventeen Democratic House members introduced a bill to assure the Postal Service electrifies its delivery fleet. It could get Workhorse back in the game.
Truck Talk is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
Workhorse expects a “prolonged process” in trying to wrest mail truck business from the U.S. Postal Service that contracted with defense contractor Oshkosh.
Workhorse Group is not taking the loss of a contract to make battery-electric mail trucks for the U.S. Postal Service lying down.
United Airlines on Friday became the second airline to pay millions of dollars in penalties for a scheme to defraud the U.S. Postal Service for international mail delivery.
Postal Service chief defends his strategy to shift mail from planes to trucks despite the resulting longer delivery times.
Borrowing pegged to inflated stock price may become a problem for Workhorse Group in the aftermath of missing out on the U.S. Postal Service contract.
Workhorse Group shares tanked after the U.S. Postal Service awarded a 10-year contract to Oshkosh Truck Corp. to modernize the aging mail delivery fleet.
The second issue of FreightWaves Truck Talk looks at the past, present and future of WorkHorse Group.
Trailers being used as storage at Amazon facility adding to the problem, according to OIG.
Domestic and international delivery rates rise 5.9%; the rate on returns shipments rises 4.9%.
Workhorse Group shares plummet as Postal Service delays delivery truck contract to early 2021. Separately, a potential short seller claims the electric delivery truck maker is worth just 20% of its valuation.
On-time scheduling called out for allegedly resulting in trailer trucks dispatched empty.
The U.S. Postal Service doesn’t move the mail by itself. It relies on many transportation and logistics contractors. Cargo Forceis expanding operations to assist with express mail that is transported from airport-to-airport by another contractor – FedEx.
The U.S. Postal Service said it has restored access to its online tracking system after an outage hit customers on Sunday.
The U.S. Postal Service’s online tracking system went offline on Sunday. It came two days after USPS announced an organizational overhaul
Three suspects are charged with murder after the deadly shooting of an off-duty Mississippi state trooper who was moonlighting as a truck driver for USPS.
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.”
Trump opposed CARES Act loan in May unless agency raised rates it charged Amazon
$1.5 trillion infrastructure bill passes U.S. House along party lines; includes truck insurance hike.
Etailers and online marketplaces are facing higher postal rates to import packages to the U.S. Find out what businesses can do.
It got $10 million that Clyburn maintains is for smaller firms
“Substantial” federal funding needed to maintain service, board chairman warns.
Selection from private sector feeds speculation of potential privatization of federal agency.
Amazon one of the companies covered under departing FedEx executives’ non-compete clauses.
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.
Also today: going to jail for bogus CDLs; ecommerce driving the Canada Post labor dispute.
It will literally take an act of Congress to right the sinking USPS ship. Even heavy attrition and solid growth in packages and shipping can’t stop the losses.
