Solving the trucking profitability paradox
Profitability is the key to any business staying in business. In trucking it is harder than in many other businesses. Chris Henry explores the “trucking profitability paradox.”
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.
Profitability is the key to any business staying in business. In trucking it is harder than in many other businesses. Chris Henry explores the “trucking profitability paradox.”
From small, medium to large, Drone Delivery Canada has an automated flying machine for multiple transport applications.
Texas-based TUYA has built a platform that helps B2B’s have real-time visibility over their product movement as they work with delivery companies.
Canadian transportation company puts its money to work after raising $230 million in U.S. IPO as it works to grow its logistics business.
Final-mile smart lock provider BoxLock announces $4.5 million funding round.
The National Treasury Employees Union tells House appropriators that Customs and Border Protection requires an additional 1,100 officers and staff to carry out its mission at the nation’s ports of entry.
The rapid growth in online retail sales and consumer demand for fast delivery is spurring construction of giant fulfillment centers.
Ecommerce is a competitive market, and companies need to provide a highly flexible delivery experience to retain their customers.
Winter weather can have a major impact on freight movement. Read meteoroligist Nick Austin’s article about winter weather conditions.
Amazon drops more logistics providers, citing safety, performance issues as thousands of delivery drivers across the country who work for small and medium-size logistics companies that contract with Amazon.com found out in mid-February they may lose their jobs in April
The “Amazon Effect” continues, moving in multiple directions at the same time. Here are six ways Amazon’s fast delivery is changing shipping.
Delivery companies that don’t meet Amazon’s standards are being cut from its vendor list. Three got dismissed this week.
Bear Down Logistics didn’t meet Amazon’s standards so Amazon cut ties.
Darren Prokop writes about the volatility in trucking, and how ecommerce may help less-than-truckload carriers recover in 2020.
UPS pilots stand to see improved wages and retirement benefits from a new contract.
Amazon’s free shipping lures US consumers even if some disapprove of how it does business, survey finds
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 […]
Too much Amazon traffic may spoil the Brown broth
Amazon blows past analysts’ EPS estimates for q4
UPS posts largely expected Q4 results as operating gains and nontax and after-tax charges cancel each other on the bottom line.
UPS unveils a slew of products and services ahead of tomorrow’s fourth quarter results
Parcel drivers join long-haul colleagues in training to bolster community safety.
FreightWaves CEO Craig Fuller writes about methods to lower diesel fuel expenses for large and small trucking companies.
Ben Thrower examines the issues surrounding California’s AB-5, which impacts truckers who are independent contractors.
Amazon lifts ban on third-party sellers’ use of FedEx Ground and Home Delivery
Chris Henry runs fleet profitability benchmarking and analytics for FreightWaves and facilitates the TCA’s TPP program. If you are interested in benchmarking your fleet’s performance with the best operators, join […]
Seth Holm of FreightWaves Freight Intel Group writes about the impact of nuclear verdicts on the trucking industry. Will 2020 be a tipping point for these huge awards?
Companies from Amazon to Zulily agree to help Customs and Border Protection figure out how to identify and target high-risk shipments.
Importing and selling counterfeit Native American-style jewelry violates the Indian Arts and Crafts Act.
Postmaster General Megan Brennan delays her Jan. 31 retirement as USPS searches for successor
Brian Aoaeh writes about the “other” side of ecommerce – the returns of unwanted merchandise and how retailers are handling the issue.
The 2010s started with logistics in its traditional place toward the back of the bus. The decade ended with logistics behind the wheel. It began with the sector, like the […]
Market Expert Anthony Smith writes about the factors that will affect the U.S. economy in 2020 and what that willl mean for business.
With Christmas 2019 just celebrated, here is an only-in-Alaska tale of goodies from the sky. While the logistics involved are nowhere near as flawless as Santa Claus’ annual air courier […]
FreightWaves founder and CEO Craig Fuller writes about the issues the trucking industry dealt with in 2019 and what is ahead in 2020.
Ben Thrower writes about what most in the trucking industry know – 2019 was a tough year for almost everyone.
US retailers will forgo profits for the sake of making the logistics investments needed to manage the e-commerce surge, ABI Research says
Market expert David Faulkenberry explains the details of final mile delivery.
Brian Aoaeh writes about key trucking events in 2019 and looks ahead to 2020.
Surge in holiday returns underscores challenges in processing returns efficiently
Kayla Matthews writes about best practices to manage fleets during the holidays.
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-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
The White House on Dec. 12 announced the private sector technology winners of its Opioid Detection Challenge.
Bad weather drives down delivery performance during second week of peak
U.S. Customs and Border Protection said excluding ocean cargo from the Section 321 pilot program reduced “a substantial number of relevant shipments of potential participants.”
Top four parcel delivery firms perform well in first week of peak season, ShipMatrix says
New York City pilot program gives cargo bikes commercial curbside access
Amazon.com’s remarkable evolution has been driven by massive IT investments. Its success earned it the top spot in the FreightTech 25
Market Expert David Faulkenberry writes about the increasingly important “final mile” and why estimates of its size vary so widely.
Shipments of counterfeit driver’s licenses and blank card stock were discovered and seized by Customs and Border Protection officers at Louisville and Memphis mail facilities.
In what appears to be a trend, another transport and logistics company has reported a weak overall year-to-date but with a steeper downward dive in the third quarter. Retail logistics specialist LBC Express revealed a small loss in the third quarter of the year against a background of rising revenues.
For first time, FedEx and UPS will impose additional handling surcharges on shipments weighing less than 70 pounds.
UPS flexi-warehouse unit teams with financial services marketplace to bundle physical distribution, IT and financial services to small to mid-size business
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.
UPS to waive money back guarantees on late deliveries if 3rdparties access package tracking data
Chinese e-commerce heavyweight JD.com reports strong growth across its platform, a trend the company expects to continue.
U.S. Customs and Border Protection officers in Philadelphia discovered the counterfeit rings potentially valued at $562,000, if genuine, in an express shipment manifested as a “box” valued at $14.
USPS sees fiscal 2019 shipping volumes stagnate as it posts massive net loss for year
Amazon bars Priority Mail traffic for seller-fulfilled shipments unless merchants buy the postage through it
Deutsche Post posts decent third-quarter results despite weak global macro environment
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
UPS’ plan to pay folks to pick-up at alternate locations speaks to need to drive B2C last-mile density
Amazon to build second robotics development complex in Massachusetts
FedEx looks to allow flat-rate shipping customers to use their own packaging when they tender boxes.
UPS operates first revenue drone flight for CVS, carrying drugs to customers
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
UPS hopes to hire 50,000 seasonal workers at 185 hiring fairs across the country.
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 […]
Charley Dehoney writes about Amazon’s impact on software programming, and how it is using lessons from Amazon Web Services to logistics and its other business lines.
UPS to expand US health care distribution center network by 30% through 2020.
Amazon looks to boost value proposition for big shippers with customized delivery service at rock-bottom rates
Amazon.com. Inc. (NASDAQ:AMZN) late Thursday reported third-quarter revenue of $70 billion, a 24% increase over the same period in 2018, as well as a 46% surge in worldwide shipping costs […]
The abrupt retirement of Jim Barber, UPS’ CEO heir-apparent, overshadows company’s third-quarter results
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.
eTrac, CLDA enter partnership to draw more last-mile carriers into eTrac database
DHL Express plans to invest 131 million euros ($144.5 million) to nearly triple the size of its package sort facility adjacent to South Korea’s Incheon International Airport to help keep […]
UPS enters the US self-storage market with a new twist
Amazon ramps up truckload business by going all-in on power unit investment
Global parcel activity will hit 200 billion a year by 2025, Pitney Bowes report predicts
Inpax, a delivery partner of Amazon.com, lays off more than 600 after Amazon cuts ties
Shippo’s 35,000 businesses can now easily create an account with UPS and those customers can receive its discounted daily shipping rates of up to 55%.
UPS will add 6,000 natural gas vehicles over the next three years as part of an agreement with Agility Fuel Solutions, which will supply the natural gas systems and infrastructure. The vehicles will include heavy-duty trucks, terminal tractors and package cars.
FedEx, Walgreens add returns services to portfolio
FedEx Custom Critical VP Ramona Hood says support system was vital to her success.
This means that customers can ship or drop off packages while they shop for yarn or Halloween decor.
USPS faces big revenue, volume erosion from loss of big Parcel Select customers, ShipMatrix says
Salesforce drew on three years of data from 4,500 e-commerce sites to generate its forecast.
DHL Group announced its Strategy 2025 where it expects digitalization to help power its EBIT to at least €5.3 billion by 2022.
Agency envisions using trucks as launch point for last-mile customers.
Air and ground express firm DHL Express announced September 27 a 5.9% general rate increase on shipments moving to and from the U.S., effective January 1, 2020. The increases are […]
Global post delegates approve compromise allowing USPS to hike international rates, keeping the U.S. in the UPU
Amazon to open its 7th fulfillment center in Ontario, Canada with a 1 million square foot building in Toronto