Modern Shipper

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There is a lot more competition waiting to take a UPS parcel if workers go on strike, consultant Satish Jindel says.

As negotiations get underway between UPS and the Teamsters, here are key considerations for shippers navigating a period of uncertainty.

J.B. Hunt missed first-quarter expectations Monday as weak intermodal and trucking trends plagued the quarter.

ASL Aviation has several airlines that support express delivery companies and e-commerce retailers. It plans to serve them with drone delivery too.

“We are looking to empower these independent contractors and truly treat them as owners of their businesses,” Luke Denny, co-founder and CEO, told FreightWaves.

Arrival once had a $5.4 billion valuation. Its $524 million valuation in the electric van maker’s second SPAC is about 10% of that.

Striking Sysco drivers in Louisville, Kentucky, reached agreement on a contract, the first since the union was voted in last August.

FedEx said it aims to slash $700 million per year in costs through a massive overhaul of its air network, part of a larger corporate profitability initiative.

Ireland-based cargo group ASL Aviation is expanding to Australia with the acquisition of a FedEx contract carrier.

Walmart doubles down on omnichannel.

Shekar Natarajan moves on as logistics provider Quiet Platforms looks to improve on a disappointing outlook.

Newly tapped interim CEO Lance Rosenzweig is targeting a four-fold increase in Pitney Bowes’ share price in coming years.

Trimble’s U.S. strengths have been combined with Transporeon’s overseas presence through a $1.98 billion acquisition.

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One analyst says there’s no reason for FedEx to be aggressive at this time. Another says the current pricing push is visible but it’s limited.

The XPO contract logistics spinoff GXO is expanding its shared warehousing solution globally, starting with the European market.

Pitney Bowes maintains it does not look to compete at scale with FedEx and UPS as alleged by Hestia Capital Partners.

Echo Global Logistics has held true to the same goal since its inception almost 20 years ago: Make transportation management simpler.

Warehouse robotics firm Locus Robotics announced a major automation solution for AMR fleets, LocusOne.