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Study Finds Traditional Industrial Distributor Model Faces Mounting…

Companies must adapt amid rapid change fueled chiefly by millennials and a shift to e-marketplaces; a surge of purchases coming directly from manufacturers and e-marketplaces, bypassing distributors.

UPS Posts

UPS and the IBT are currently working on a five-year contract that is set to expire on July 31, 2018. The organizations have has contractual relationships going back to the 1930s. (October 10, 2017)

Donald Broughton, Broughton Capital managing partner, discusses the news that Amazon is testing its own delivery service to rival FedEx and UPS. (October 05, 2017)

Global e-commerce powerhouse Amazon is hard at work on a new delivery service offering that is geared towards making more products available for free two-day delivery while helping to relieve overcrowded warehouses, a Bloomberg report stated today. Citing two people “familiar with the plan,” Bloomberg said that this initiative will drive Amazon more deeply into services typically handled for the Seattle-based company by UPS and FedEx. (October 05, 2017)

Global freight transportation and logistics titan UPS and Polonez Parcel Service, a consumer-to-consumer consolidate shipping service into Poland and other countries, said today that they have teamed up in an agreement that enables United States-based Polonez Parcel Service customers the ability to leverage “an easy parcel drop-off point” through the more than 8,700 UPS Access Points, which includes 5,000 The UPS Store locations. (October 04, 2017)

This JV will focus on developing and providing international delivery services from China to the United States at first and subsequently to other trade lanes, as well as enable UPS and SF to leverage their complimentary networks, service portfolios, technologies, and logistics expertise (September 28, 2017)

UPS will start training student delivery drivers to spot and identify road hazards using Virtual Reality headsets that vividly simulate the experience of driving on city streets while teaching a more memorable classroom lesson. (August 17, 2017)

UPS this week introduced a new online offering-set to debut on August 14 in the United States and August 28 in 43 other countries-that enables e-commerce merchants to customize return shipments according to their policy. (August 09, 2017)

With a focus on providing customers and shippers in more than 200 markets and 150 currencies the ability to leverage a secure, digital platform to conduct and perform B2B (business-to-business) transactions protected by licensed escrow, UPS Capital, a financial services subsidiary of UPS, announced a new offering today through a collaboration with cross-border payments company Payoneer. (August 07, 2017)

Like its biggest competitor, UPS, did in June, FedEx yesterday rolled out a peak, or holiday season, surcharge. FedEx said that it will not apply residential Holiday Season surcharges, save for packages that need additional handling, are oversized, or unauthorized. (August 04, 2017)

Pricing and adjusting networks to meet expected volume gains are key for the duopoly. (August 02, 2017)

Quarterly revenue for the Atlanta-based transportation and logistics bellwether at $15.7 billion was up 7.7% annually, and earnings per share at $1.58 was up 11% compared to last year and ahead of Wall Street estimates of $1.46. Operating profit was up 8.7% at $2.2 billion. (July 27, 2017)

UPS executive offers up thoughts on e-commerce, delivery trends, and meeting customer expectations. (July 11, 2017)

CNBC's Jim Cramer discusses two stocks that could benefit big time from Amazon's Prime Day sales - FedEx and UPS. (July 11, 2017)

Companies must adapt amid rapid change fueled chiefly by millennials and a shift to e-marketplaces; a surge of purchases coming directly from manufacturers and e-marketplaces, bypassing distributors. (June 21, 2017)

Take a deep dive into the minds of the 1,500 U.S. industrial products buyers UPS surveyed for their third Industrial Buying Dynamics study, the study’s white paper examines the major forces shaping industrial distribution today. (June 21, 2017)

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