Latest posts about Parcel
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UPS relaunches its second-day air morning service
January 24, 2024
UPS explained that through this service, its customers can reach more than 620,000 US businesses earlier than its leading competitors, with its guaranteed morning two-day delivery.
Color-Line Scan Camera Tackles High Conveyor Speeds
January 18, 2024
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TD Cowen/AFS Freight Index points to flattish rates, driven by muted demand
January 17, 2024
The new edition of the TD Cowen/AFS Freight Index, which was recently released by New York-based investment firm TD Cowen Inc. and Shreveport, La.-based 3PL and freight audit and payment company AFS Logistics LLC, highlighted the impact of muted demand for truckload, less-than-truckload (LTL), and parcel activity, from the third quarter to the fourth quarter.
UPS reports declines in third quarter earnings, citing lower global demand
October 26, 2023
Quarterly revenue, at $21.1 billion, saw a 12.8% annual decrease, and adjusted earnings per share, at $1.57, were off 47.5%. Consolidated quarterly operating profit came in at $1.3 billion, which was off 48.7% annually on an adjusted basis.
Worldwide Express, GlobalTranz, and Unishippers band together to establish the WWEX Group
October 2, 2023
A trio of well-known logistics services providers, Dallas-based privately held freight brokerage and authorized UPS reseller Worldwide Express, Phoenix-based GlobalTranz, a full-service 3PL focused on freight brokerage and technology, GlobalTranz, and Dallas-based Unishippers, the second-largest privately held freight brokerage in the country, announced today they are collaborating on what they called a new “corporate identity,” entitled WWEX Group.
ShipStation report examines holiday season shopping preferences
September 28, 2023
The ongoing push towards online shopping, which was accelerated through the pandemic, was evident in the report’s findings, with 60% of U.S. consumers, and 57% globally, indicating they plan to do most of their 2023 holiday shopping online, coupled with increasingly adopting omnichannel behaviors.
Logistics services providers and shippers call out for seasonal help
September 27, 2023
A sure sign that the holiday season getting closer each day are the respective announcements made by carriers, transportation and logistics services providers, and shippers alike, announcing their “help wanted” signs have been hung, as they look for seasonal workers.
UAW-Big Three strike is replete with supply chain implications
September 26, 2023
While the United Auto Workers (UAW) union strike against the "Big Three" of General Motors, Ford, and Stellantis has been ongoing since September 15, coupled with the number of employee walk-outs continuing to rise, the supply chain impacts and ramifications are likely to increase the longer the situation goes on, according various industry stakeholders.
USPS is gearing up for Peak Season, says it will not levy a holiday surcharge
September 20, 2023
The USPS cited various investments it has made, in advance of the 2023 Peak Season, including: hiring 10,000 seasonal employees; utilizing 348 new package sorting machines; increasing daily processing capacity to approximately 70 million; moving 95% of volume via more reliable ground transportation, for First Class Mail and more than 95% of First-Class packages; and its new USPS Ground Advantage Shipping Service
Taking a look at the parcel express market with Rick Watson, CEO, RMW Commerce Consulting
September 11, 2023
In this podcast, Jeff Berman, Logistics Management and Peerless Media Supply Chain Group News Editor Jeff Berman interviews Rick Watson, Founder and CEO, RMW Commerce Consulting.
UPS introduces 2024 rate increases
September 8, 2023
Keeping in line with recently announced rate increases made by its chief rival FedEx, Atlanta-based global freight transportation and logistics services provider UPS this week announced its own 2024 rate increases this week, which are set to go into effect on December 26.
Parcel automation delivers on two fronts for 3PL
September 6, 2023
Third-party logistics company iForce deployed an automated packaging solution to provide the speed and labor efficiencies needed to keep up with new picking automation, while the solution’s carton right-sizing also improves the customer experience.
FORTNA announces Last Mile Solution Center
September 5, 2023
By leveraging a team of industry experts, the Last Mile Solution Center will support parcel and distribution businesses in automating last mile operations to improve processes, increase productivity and reduce costs.
FedEx rolls out new pricing increases for 2024, as well as for ‘Demand’ surcharges
August 29, 2023
Memphis-based global freight transportation and logistics services provider FedEx announced rate increases today for its FedEx Express, FedEx Freight, and FedEx Ground subsidiaries, which will take effect on January 1, 2024. The company also said that, effective September 4, it will officially rebrand “peak” surcharges to “demand” surcharges,
Reports indicate Amazon is poised to relaunch Amazon Shipping service
August 21, 2023
Various reports published late last week indicated that Seattle-based global e-commerce giant Amazon is in the process of rebooting its Amazon Shipping service, which is designed to compete with the parcel duopoly of UPS and FedEx, that it halted at the onset of the pandemic.