Maier to retire as head of FedEx’s ground parcel unit
Maier is succeeded by FedEx Freight head John Smith; Lance Moll will replace Smith at the LTL unit.
Stay Up to Date on the Parcel Industry
Unlike freight shipping, which moves goods in large quantities (whole truckloads or shipping containers, for example), parcel shipping moves individual goods essentially one at a time (usually by truck or plane). While both focus on the movement of goods, transportation methods, level of service, and cost can be very different between the two services. Freight is almost exclusively used by commercial shippers, while small- to medium-sized retail shippers usually use parcel freight.
Parcel delivery is a cost-effective, efficient, and fast option for businesses shipping items up to 150 pounds. And, unlike freight shipping, packages are delivered directly to a residential or business address. Check back here for the latest parcel freight industry news.
Maier is succeeded by FedEx Freight head John Smith; Lance Moll will replace Smith at the LTL unit.
TFI International has agreed to buy UPS Freight for about $800 million in its largest acquisition to date.
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.
FedEx Express unveils its dual-hub strategy in Europe and says redundancies will result in significant attrition.
Pitney Bowes’ Jason Dies said SMBs need not be sitting ducks for higher parcel-shipping expenses.
The levy will apply to customers tendering 30,000 weekly parcels from Jan. 4 to Jan. 31.
A Prologis and MIT study said the holiday peak season in 2020 was the most environmentally friendly yet. E-commerce dominated 2020 consumer buying trends, drastically reducing the number of individual trips to the store.
Deutsche Post DHL’s Express and E-Commerce units report strong numbers.
ShipMatrix reports a solid performance by carriers, while a Convey survey shows that U.S. consumers were tolerant of shipping issues.
DHL Supply Chain experts share how the company has adapted its sustainability efforts due to the COVID-19 pandemic and offer sustainability tips for businesses.
The Postal Service’s Priority Mail Cubic may be the best value in parcel shipping, for those who qualify for it.
The Seattle-based e-tailer currently operates 10 sites in Detroit that support customer fulfillment and delivery operations.
The marriage of consultancies underscores parcel delivery’s growing appeal.
Uber’s stock dips on a report that Goldman Sachs is looking to unload 38 million shares. The company has made several moves recently to shore up the balance sheet and sustain its cash-intensive brokerage segment.
Traffic is expected to spike 23% compared to the highest-volume period in last year’s peak.
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.
As e-commerce continues to surge, consumers are demanding more sustainable practices throughout the supply chain. Reusable packaging solutions and strategic container designs are emerging.
The FAA is adding new experts to its Drone Advisory Committee.
Albertsons, subsidiaries turn to alternatives such as DoorDash
Experts share how DHL Supply Chain’s GoGreen and GoHelp initiatives are paving the way for sustainable progress.
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.
Lawmakers agree to convert $10 billion loan to a grant.
UPS cuts parcel-induction levies much deeper than FedEx, starting mid-January.
Amazon had to close a facility in New Jersey when the COVID infection rate increased.
FedEx shares get hammered despite record performance at Express and LTL units. The focus is on lagging margins at FedEx Ground.
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.
Army Gen. Gus Perna, who is in charge of the COVID vaccine distribution in the U.S., is showing FedEx and UPS some love.
FedEx to cut prices from holiday levels on three surcharges.
COVID vaccines take priority, straining already ultra-tight delivery capacity.
Domestic express carriers spring into action, moving the first doses of COVID-19 vaccine to healthcare facilities.
Black Friday-CyberWeek performance of mid- to high-70% range for FedEx and UPS was way off from 2019 levels, Convey data shows.
Local deliveries are now available in 2,400 U.S. markets, the unit says.
Shares hit record close as UBS markedly boosts EPS for fiscal 2021 second quarter and raises 12-month price target to $380 from $320.
Trailers being used as storage at Amazon facility adding to the problem, according to OIG.
Express carriers like DHL are getting slammed with e-commerce shipments as the holidays approach, and transportation contractors like Cargojet are throwing resources into the response.
Domestic and international delivery rates rise 5.9%; the rate on returns shipments rises 4.9%.
Expansion includes an 855,000-square-foot fulfillment center in North Las Vegas.
FedEx goes beyond partnerships to swallow e-commerce platform provider.
Experts warn of parcel backlog at U.S. entry points should CBP refuse entry to shipments.
A November supply chain survey shows the rates at which transportation capacity is shrinking and pricing is climbing are increasing.
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.
The improvements bring time-in-transit performance into parity with rival FedEx.
A detailed analysis shows UPS plans to push higher costs and fees on e-commerce users next year.
The room is part of a $650,000 upgrade of the unit’s San Juan complex.
Holiday orders will be spread evenly throughout cycle, CEO says.
Trucks will haul goods to and from LA air gateway and service centers.
Expedited shipping rates rise 1.2% to 3.5%; other rates rise more.
Pricing and delivery bundle will be tough for traditional pharmacies to match, consultant says.
EPS reported above analysts’ consensus.
Drone applications are growing by the day, but only a few directly involve airlines. Air Canada is taking a novel approach, acting as a freight intermediary that matches shippers with drone operators.
Package revenue surpasses first-class mail revenue for first full-year period in history.
“Key by Amazon” is now available in 4,000 U.S. cities; the company has added in-garage grocery deliveries.
Annual outlook forecasts an extension of decade-long bull-market.
European 3PL says integration with e-commerce marketplaces strengthens activity with American online retailers and shoppers.
Big Brown’s culture gets a shake-up as it eases policies on employee appearance.
Freight forwarder guides customers through online shopping shift and transport capacity choke points.
Gains come as the shipping giant braces for peak-season impact.
Initiative designed to leverage USPS’ network to provide peak-season relief for desperate parcel shippers.
Amazon has ambitions to expand its air network internationally, and now has its own airport sort center in Europe.
Convoy’s Terrazas: Increases are less than what would be expected given strong market
Shipwell CEO Greg Price explains during FreightTech Venture Summit the importance of winning over venture capitalists at the onset of presenting your idea.
Big win for ballot measure but it has no provisions that impact trucking
Rate increases, which apply to ground, air and international services, take effect Dec. 27.
DispatchTrack optimizes routes and delivery schedules for its clients, which enhances their customer delivery experience.
Olsavsky says transport spending is in a multiyear ramp-up as the company posts solid third-quarter results.
Higher U.S. operating costs take center stage in discussion of company’s outlook.
Revenue climbs to more than $21 billion, a near 16% gain.
Amazon gets the pick of the litter. Its latest hire is an American Airlines executive picked to run local terminals.
We’re shopping online for products at levels not expected for 10 years because of the pandemic. Delivery companies are trying their best to stay ahead of the parcel tsunami coming at them for the holidays.
State’s suit to compel adherence to the law gets a boost; expensive campaign to allow ride-share drivers to remain independent contractors heads toward the finish line
On this week’s Drilling Deep, host John Kingston brings in his colleague Mark Solomon again to talk about the state of the U.S. Postal Service. Solomon was a guest on […]
Valuations are high and going higher heading into 2021, experts say at Armstrong conference.
Anxious shippers look to regionals after being kicked to the curb by the big boys.
While COVID-19 helped increase e-commerce sales volumes, retailers struggle to manage lengthening holiday season lead times.
A UPS expansion will create nearly 600 jobs and add $1.4 billion to North Carolina’s economy over 12 years.
Second such US facility follows July pop-up launch in Maryland.
Alibaba is taking on Amazon around the world. Its latest move is in South America, with a new dedicated air service to speed up shipments.
A different future for The Apple Store?
In extreme scenario, annual volumes could hit 316 billion by 2026.
Shippers to be hit with $40 billion in worldwide peak surcharges, firm says.
Mesa Airlines and DHL reach a big cargo milestone.
A strange situation: Its competitors are also its customers and can plead with government officials to stop the USPS from taking actions it wants to implement
Shipping, logistics giant expects very strong peak season.
Company redrawing the peak landscape, and is expected to dominate it, Convey says.
Retailers would be crushed by soaring parcel prices, consumers would face hefty hikes,Charles River report says.
Higher costs could cut deep this holiday.
The 3PL will add up to 8,000 employees to handle the seasonal increase in e-commerce shipments on top of its ongoing effort to raise its profile in the American market.
FedEx doesn’t just operate big cargo jets. It has small delivery planes too. ATR completed a test flight of a propeller aircraft that will carry freight for FedEx Express.
Company will disclose additional pricing information by mid-October.
JAL supports testing drone systems to safely and efficiently deliver essential goods to the country’s health care network.
Mebane City Council nod just one step in the process, UPS said.
Company takes action to maintain service levels to existing customers.
Lockers available in all 1,700 stores by March.
Elion controls more than 3 million square feet of urban land.
FedEx Direct’s Standard and Premium services now serve 90% of US.
About 450 to open by year-end, consultancy says.
When some passenger planes get long in the tooth, they get a second life in cargo. The latest candidate for conversion in the Airbus A321. It offers more shipping space than a Boeing 737 and could be flying to an airport near you soon with your online order.