Parcel Freight

UPS said it will keep its money-back pledge on domestic and international next-day air services.

UPS has raised rates on the last-mile delivery product it operates in concert with the U.S. Postal Service.

The hub outside Philadelphia will support next-day ground deliveries between southern Maine and southern Virginia.

U.S. Postal Service program will add 7 million parcels of peak processing capacity, aggravating the holiday overcapacity problem for carriers.

UPS announces that export and import fuel levies will rise by 150 basis points effective Dec. 5.

The Trade Association for Logistics Professionals said it was not the “appropriate vehicle” to engage in dialogue between FedEx Ground and its delivery contractors.

The furloughs are set to begin in early December, and will be voluntary, the unit says.

FedEx Ground is unlikely to experience large-scale contractor defections during peak season despite dissatisfaction with the level of financial incentives to get them through the cycle.

The U.S. Postal Service plans to freeze rates on Parcel Select Ground and new Connect Local services but will institute a big increase on First Class Package Service.

The U.S. Postal Service posted declines in package-delivery revenue and volume.

German shipping and logistics giant Deutsche Post DHL has raised its full-year profit guidance to a record of $8.38 billion.

FedEx will suspend money-back guarantees on U.S. and air export next-day air shipments for nearly three weeks.

DHL Express’ tariff hike will exceed the increases by FedEx and UPS.

TFI posts strong third-quarter results and boosts its dividend by 30%. But much of the focus is on the work in progress at T-Force Freight.

Amazon reported a third-quarter sales deceleration that it says will persist into the holidays.

UPS reported higher-than-expected earnings per share and reaffirmed its full-year targets.

UPS’ general rate increase is designed to offset elevated cost inflation.

UPS has settled noncompliance claims with the Environmental Protection Agency at facilities in 45 states and Puerto Rico.

Teamsters General-President Sean M. O’Brien and Secretary-Treasurer Fred Zuckerman will take the lead in upcoming UPS contract talks.

Carriers facing cost and margin pressures are unlikely to back off holiday delivery levies, analysts say.

Deutsche Post DHL posted strong gains at its Express, freight forwarding and supply chain units.

FedEx goes big with a record GRI. UPS, facing a spike in labor costs, may go bigger.

FedEx Ground cited weakening macro conditions in reducing its holiday demand forecast.

Slack delivery capacity could finally give Amazon the incentive to insource volumes handled by UPS.

The U.S. Postal Service on Tuesday set its cutoff dates for shipments to be tendered in time to be delivered by Christmas Day. Shipments moving under the Postal Service’s Retail Ground product must be tendered by Dec. 17 to arrive by Christmas, the Postal Service said. Retail Ground targets users shipping heavier packages who are […]

FedEx acquires 7.9 million shares at a cost of $1.5 billion.

UPS has launched a program to offer one consolidated rate with no surcharges. However, experts said shippers may end up paying more compared with the traditional pricing plan.

FedEx will cut 11% of trans-Pacific flights, 9% of trans-Atlantic flights and 17% of Asia-Europe capacity.

FedEx announces a 6.9% tariff rate increase for all of its services except LTL.

A ShipMatrix report says delivery capacity will average 110 million parcels per day, while demand will average just 92 million parcels.

FedEx says weak international demand was the issue behind its fiscal first quarter pre-announcement. But the signs point to company-specific deficiencies.

FedEx has pulled its guidance a week before releasing first-quarter results. The company reported a $572 million year-on-year decline in FedEx Express’ operating income as macro weakness and higher costs took a toll.

FedEx Corp. announces most U.S. shipments must be tendered by Dec. 14, one day earlier than last year’s deadline, if they are going to arrive in time for Christmas.

Amazon will spend $450 million over the next 12 months to fund rate increases for contractors, provide tuition reimbursement for drivers, and support a newly formed retirement plan.

A Pitney Bowes survey finds that 41% of respondents believe Sunday service is important. But three-quarters don’t think it will happen.

With Teamsters contract talks looming, UPS is loath to step into a fight where a carrier is at odds with its drivers.

The estimated 100,000 seasonal workers UPS plans to hire is about the same as the past two peak periods.

A survey sent to FedEx Ground’s contractors asks if they have faith in CEO John Smith’s ability to lead the unit.

Former contractor Spencer Patton’s interlocking business structure allows him to keep profiting from FedEx Ground, even if he no longer drives for the company.

FedEx and UPS are ratcheting up their peak-season surcharges, much to the angst of shippers experiencing slowing volumes.

UPS’ peak surcharges will hit $6 to $7 per package for high-volume customers.

FedEx unit drops Spencer Patton’s companies from its contractor network, says it has contingency plans to pick up the slack.

FedEx Ground’s lawsuit alleges Spencer Patton is creating a contrived crisis with contractors to benefit one of his businesses, Route Consultant.

A bill that would make thefts of private-sector parcel deliveries a felony is the latest step in efforts to curb a growing problem.

The Postal Service is leaning on freight brokers as it cuts costs and chases efficiency. That’s bad news for long-time contractors.

DHL Express announced Tuesday it has raised hourly wages by 15% to 18% for workers at its Cincinnati airport facility.

Spencer Patton said he can no longer operate his business past Black Friday unless the FedEx unit renegotiates his contract.

Three delivery contractors acknowledge that some of their peers are struggling. But they maintain the contractor model remains on solid ground.

FedEx Ground contractor Spencer Patton has backed off a request for a 50-cent increase per stop and a 20-cent-per-mile hike for solo and team runs by contractors between hubs.

Temporary Postal Service rate increases on peak-season parcel-delivery services will come down hardest on heavier packages traveling more than 601 miles.

The U.S. Postal Service has reported single-digit drops in shipping activity compared to last year’s more robust pace.

FedEx says it will move up the start date of its peak-season surcharges to Sept. 5.

Delivery carriers Parcel LaserShip and OnTrac have announced residential ground deliveries with day-definite service.

Trade Association for Logistics Professionals will advocate for all contractor interests, not just FedEx Ground, the group’s leader says.

UPS has achieved brand value of $38.5 billion, a 28% increase over 2021.

Transport and logistics giant TFI posted quarterly gains across the board and raised the outlook for the rest of the year.

FedEx Ground could have made Sunday deliveries work if it stuck to its knitting, consultant says.

Share gains come despite another net loss, sharp drop in operating income

The head of the unit says changes to driver contractor agreements must be negotiated individually.

UPS is gearing up for next year’s Teamster negotiations by implementing cost-saving programs.

The Atlanta-based company also reveals a plan to improve on-time performance across its U.S. network.

Unit responds to contractors’ cost concerns by partially ditching the controversial program.

FedEx Ground said it will drop Sunday residential deliveries the week of Aug. 15 in unidentified low-population markets.

The Postal Service says it also will procure 34,000 off-the-shelf vehicles to augment its initial 50,000-unit order of electric vehicles.

Three of the U.S. Postal Service’s nonurgent delivery products will be brought under one umbrella.

FedEx says its new operational integration will drive down costs and push up operating margins significantly.

FedEx Freight’s gains won’t make investors forget about FedEx Ground’s issues, but they help.

New delivery window to be set at two to five days for “Parcel Select Ground” and “Retail Ground” shipments.

Carere will head a new centralized group focusing on digitization.

Abney worked with the postmaster general at New Breed and XPO

FedEx adds Vena, a top rail executive, to its board. It also revises incentive targets and hikes its dividend 53%.

Bala Subramanian will focus more on digital connections than predecessor Juan Perez.

Shippers have a hard time removing early-termination provisions from their contracts.

A new per-package charge has been levied on Standard cross-border ground service.

The company has created a new “baseline” for package-delivery activity, S&P says in assigning its debt an “A” rating.

Rate hikes and a slowdown in online deliveries hit U.S. Postal Service demand in the second quarter.

Freight forwarding, supply chain and express units see strong trade-related demand.

Net sales hit the high end of estimates; shares get whacked in after-hours trade.

The group wants the contract with the Oshkosh unit blocked until the agency prepares a better environmental impact report.

The company may use the program as a steppingstone to deliveries outside its platform.

UPS persevered through a drop in demand during the first quarter, beating analysts’ profit estimates.

The Postal Service will begin to shift first-class package delivery times on May 1.

The company participated in a public-private sector short-sea shipping trial program.

Rising costs prompt Amazon to impose its first-ever fuel and inflation surcharge on sellers.

Major logistics platform E2open’s heavy debt load can be handled by the company’s free cash flow, S&P Ratings says.

UPS’ surcharges close in on rival FedEx’s levies.

The Postal Service rejected lawmakers’ calls to produce a new analysis of its future electric delivery vehicle fleet.

Amazon Labor Union pulls off a stunning victory in New York; a ratification vote in Alabama remains in limbo.

FedEx is cutting the wages of the salesforce supporting the small to midsize customer segment.

Some parcels will be hit with a $31.50 levy on top of the base shipping rate.

FedEx founder will leave the CEO role June 1, succeeded by Raj Subramaniam, the company’s president.

A noted consultant sees FedEx founder Fred Smith dropping the CEO role to become executive chairman; second-in-command Raj Subramaniam would take Smith’s place.

EPS comes in below estimates as FedEx Ground’s operating income declines.

New one-week lag time, down from two weeks, matches FedEx’s surcharge sequence.

Many contractors made investments to move packages that never came.

The executive has entered the Republican primary for Oregon’s new 6th District.

Spiking fuel levies are expected to put more pressure on shippers to either eat higher costs or pass them on to end customers.

Postal Service reform legislation is headed to the White House after the Senate stamped its approval on Tuesday.

Ukraine spillover effects now include higher shipping cost for FedEx.

With fuel levies generously padding the carriers’ top lines, shippers shouldn’t expect relief anytime soon.