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UPS Preparing for Potential Teamsters Strike Affecting Logistics Freight Customers

United Parcel Service Inc. is telling its customers to make alternative shipping plans in case of a Teamsters strike in its smaller freight division, where unionized workers are set to vote on the company’s final contract offer next week.

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Quarterly revenue, at $19.8 billion, headed up 4.6% annually, and adjusted earnings per share, at $1.94, was up 17% and beat Wall Street estimates of $1.90. Full-year 2018 revenue rose 7.9% annually to $71.0 billion, which UPS said was paced by shipment growth and a 4.3% increase in revenue yield gains.

For those that still think Amazon does not directly compete with the parcel duopoly of FedEx and UPS, a report in The Wall Street Journal today drives home the point that it may be time to reconsider that notion. The reason, according to the report, is that a new seven-days a week delivery network being introduced by the global e-commerce bellwether, aims to take customers from FedEx and UPS by zooming in on fuel surcharges and extra fees, which increase home delivery costs.

Earlier this week, Atlanta-based transportation and logistics bellwether UPS received some potentially good news when the European Court of Justice said that a previous decision by anti-trust regulators in 2013 to prevent UPS’s intended acquisition of TNT Express NV, a provider of mail and courier services and the fourth largest global parcel operator, is to be annulled, according to media reports.

UPS said that through its new Saturday export pick-up service, U.S.-based companies scheduling a Saturday pick-up from the U.S. to 57 “key international markets” will have shipments processed and shipped on Saturday, with delivery coming as soon as Monday, which UPS said is a full day faster than the company’s previous time-in-transit.

For the first three weeks of the holiday shipping season, ShipMatrix data shows that the on-time delivery performance of FedEx, UPS, and USPS is strong, coming in at 95.1%, 97.6%, and 97.8%, respectively.

Atlanta-based transportation and logistics bellwether UPS said this week that its on-time delivery performance for this year’s holiday season is seeing very strong results, due, in large part to what it called an unprecedented capacity expansion, as well as various new technology upgrades.

The Atlanta-based transportation and logistics bellwether said the following rate increases will take effect: UPS Ground, UPS Air and International services will head up by an average net of 4.9%; fuel surcharges will apply to Additional Handling, Over Maximum Limits, Signature Requires and Adult Signature Required accessorials; a processing fee of $2.00 per package will be charged when Package Level Detail (PLD) is not provided to UPS prior to delivery; and the rates for certain value-added services and other charges will increase.

For Kenneth Mink/The Fine Rug Gallery at Macy’s, the company’s exclusive lease partner and also the operator for Macy’s area rug business on Macys.com, the transition from carrier liability to cargo insurance was a long time coming.

Every year at this time, Group News Editor Jeff Berman combs through the mountain of news that was reported, written, and posted by the Logistics Management editorial staff over the course of the year to create the following list. Read below for the Top Logistics News Stories of 2018. Topics include E-commerce innovations, ELD trucking regulation, news from industry giants like UPS, Fedex, Amazon and more.

UPS announced this week that it has expanded its UPS Worldwide Express service to 14 new countries in the Indian subcontinent, Middle East, Africa (ISMEA), the Americas and Europe.

A new labor agreement between UPS Freight, the less-than-truckload unit of UPS, and the Teamsters Union was reached over the weekend, with UPS Freight Teamsters members approving a new contract over the weekend.

FedEx said that rates for FedEx Express are heading up by an average of 4.9% for U.S. domestic, U.S. export, and U.S. import services. And FedEx Ground and FedEx Home Delivery rates are each going up by an average of 4.9%, with FedEx SmartPost rates also rising.

United Parcel Service Inc. is telling its customers to make alternative shipping plans in case of a Teamsters strike in its smaller freight division, where unionized workers are set to vote on the company’s final contract offer next week.

Recent developments regarding a new labor agreement between UPS Freight, the les-than-truckload unit of UPS, and the Teamsters Freight National Bargaining Committee over a new labor contract could have ramifications that potentially lead to a strike, or the semblance of one.

UPS is taking its delivery processes to the streets. While that does not sound like anything major in itself, it comes with a caveat in that it is taking delivery to the streets on two bicycle wheels, rather than the customary four via its much more commonly used delivery trucks and vans. This is happening through a partnership between UPS and the City of Seattle, Washington, which was announced last week, in the form of a downtown Seattle delivery pilot with pedal-assist cargo e-Bikes and customized modular trailers. UPS said these bikes will deliver packages in Seattle’s Pike Place market, as well as downtown Seattle on sidewalks and in designated bike lanes, too.