Stay Up to Date on the Parcel Industry
Unlike freight shipping, which moves goods in large quantities (whole truckloads or shipping containers, for example), parcel shipping moves individual goods essentially one at a time (usually by truck or plane). While both focus on the movement of goods, transportation methods, level of service, and cost can be very different between the two services. Freight is almost exclusively used by commercial shippers, while small- to medium-sized retail shippers usually use parcel freight.
Parcel delivery is a cost-effective, efficient, and fast option for businesses shipping items up to 150 pounds. And, unlike freight shipping, packages are delivered directly to a residential or business address. Check back here for the latest parcel freight industry news.
A Postal Service reform package passed by the House on Tuesday would eliminate massive financial burdens at the agency while maintaining a unified package and mail network.
The U.S. Postal Service reported a widening net loss in the fiscal 2022 first quarter due to higher compensation and benefits costs. Transport costs rose 9% due to higher fuel expenses.
Pitney Bowes’ Nita Lathia becomes head of marketplaces for Passport.
While major parcel carriers offer a one-size-fits-all service under the guise of simplification, ACI Logistix applies a consultative approach.
UPS posted its best quarterly operating profit in its history. It also declared a 49% dividend increase.
Host John Kingston also looks at renewable diesel, which might not be as plentiful as envisioned.
A confluence of critical events will determine if the company can deliver on its margin improvement pledge.
The Project Evolve initiative may take UPS’ visibility tools further than they’ve ever gone before.
The omicron variant is depleting aircrews at FedEx just as it has among passenger airlines, resulting in customer delays for both industries.
A collaborative effort kept the delivery Grinch at bay this peak season.
UPS matched last year’s performance, while the Postal Service improved considerably, ShipMatrix says.
Fuel levies hit two weeks before other surcharges and eight days after 2022 rate increases.
Strong performances by UPS and the Postal Service cap a quiet peak season.
The levies on various services come three weeks after annual rate increases kick in and one day after peak-season fees drop off.
Optimizing a broader carrier base can work wonders for shippers. The trick is how to balance new partners without tossing the benefits of the old ones.
More parcel processing capacity and earlier holiday shopping schedules are key factors in the agency’s improvement, ShipMatrix says.
FedEx’s Express and LTL units delivered solid performances, while the bottom may have been hit at its Ground unit.
Volume and yield gains powered the Express and LTL units, while staffing shortages and operating inefficiencies continued to hurt the Ground unit.
New York City has released several blueprints on its freight future during the de Blasio administration.
It has been a wild ride for GlobalTranz, with ownership shifting multiple times in just a few years.
Shipware will deepen SIB’s shipping analysis portfolio, while Shipware clients can get spending needs addressed beyond parcel delivery, Shipware’s co-CEO said.
FedEx to join UPS in imposing special-handling delivery surcharges based on a shipment’s length-of-haul.
The increases, to take effect Dec. 26, will be highest among parcels in the 1- to 5-pound range.
FedEx and UPS suspended guaranteed delivery refunds when the pandemic hit. As shippers chafe under erratic service levels, they face the possibility that some programs may never return.
The top executive’s departure comes as the carrier struggles to efficiently process an avalanche of holiday traffic.
The company plans to recruit would-be entrepreneurs to provide trucking services in five countries, according to The Information.
An Office of Inspector General report said a shortage of commercial truck drivers may compromise the Postal Service’s surface transport capability.
The regional parcel delivery carrier becomes the private equity firm’s 10th “logistics and infrastructure services” investment.
The investigation makes progress after between 300 and 400 parcels were found in a wooded ravine last week.
Through noon ET, U.S. shoppers have spent 7% more than they did on 2020’s Black Friday.
President Biden intends to replace Postal Service governors in a move aimed at ousting Postmaster General Louis DeJoy, according to reports.
FedEx is forecasting a 10% increase in package deliveries during the holiday shipping season.
A decisive lead in the east and victories in the central and southern regions set the table for a landslide victory.
The firebrand leader holds a strong early advantage in an election in which about 15% of members cast ballots.
The unit plans to add facilities in the Netherlands, Germany and Mira Loma, California.
AskWaves: The behemoths ordinarily shouldn’t be concerned about a national delivery network forged out of the OnTrac-LaserShip merger. But these are not ordinary times.
The agency plans an array of parcel-delivery rate increases soon after the yuletide ends.
The purveyor of wild-caught seafood avoids the use of airfreight, and relies on barge, truckload and parcel to hit its tight delivery commitments.
The agency looks to the nationwide rollout of same-day and next-day package services to remain viable.
The company expects record 2021 earnings and boosts its 2023 bottom line forecast by $700 million, to $9.24 billion.
The company announced a 5.9% general rate increase for next year, but that has no bearing on the pain many shippers will feel.
Fuel levies on U.S. customers to rise 100 basis points for air and ground services, source says.
Both companies see their financial results weighed down by higher labor costs and operational disruptions due to staffing shortages.
CEO Jassy says Amazon faces billions of dollars in additional costs during the fourth quarter.
Company shoots out the lights in the third quarter with soaring profits and EPS.
UPS boosts its 2021 operating margin guidance to 13%.
The agency bans shipping of vaping products, joining FedEx, UPS and DHL. Regional delivery firm LSO plans to expand vape shipping in its territory.
The suspension of money-back guarantees comes seven months after FedEx restored them on nine air services.
The huge C-suite move puts the supply chain heavyweight in the center of the parcel action right away.
Amazon’s seasonal demand dwarfs its competitors.
News comes days before LaserShip’s private equity parent to announce $1.3 billion purchase of fellow regional delivery firm OnTrac.
Does private equity see a future in a nationwide parcel network stitched together with regional players? The LaserShip-OnTrac deal may be the first step.
The company moves its commitment times to noon from 10:30 a.m., effective Oct. 18.
Some argue that Amazon lacks the integrated network to pull it off. But betting against the company has generally been a losing proposition.
GLS has agreed to acquire Rosenau Transport for $288 million in a deal that creates a freight and parcel network across Canada.
The German titan reports solid performances from its Express, Forwarding, Supply Chain and eCommerce units
AirTerra’s founder looks to connect regional parcel carriers and offer options to SMB retailers. AEO looks to offer logistics as a service to competitors.
Company takes no chances in keeping supply chain problems away from holiday deliveries.
FedEx is paying customers that utilize their own equipment, a consultant says.
The company faces an optics challenge as many question the motive behind rate increases.
The company didn’t blindside anyone. But it didn’t please that many, either.
Noncontract prices will climb by 5.9% for FedEx’s Express, Ground and Freight services.
Seasonal hiring begins as transportation providers plan for another big peak season. FedEx is looking to add 90,000 workers.
UPS is buying Roadie, a same-day delivery firm, as it seeks to expand its package delivery options to customers.
The company said it will make many job offers within 30 minutes of receiving an application.
Most of the levies will fall within the range of 20 cents to 29 cents per package.
ShipMatrix’s forecast projects less of an imbalance than the 2020 peak.
Expedited-delivery surcharge to be imposed on top of basic delivery fee.
Spike in parcel delivery demand is lifting the good ship S.S. Consultant to new heights
New customers will need to onboard by that date to get holiday delivery services.
Double-digit surcharge hikes might be minimized or avoided if customers can adjust their shipping timetables.
The company also imposes sweeping levies on former postal business that’s been brought in-house; a separate 60-cents-per-package residential fee kicks in Jan. 17 with no end date.
FedEx Ground has begun using robotics from Berkshire Grey in its Queens facility, with plans to add them to more facilities in the coming months.
The levies to hit hardest on heavier parcels going longer distances.
Perishable Shipping Solutions CEO Mark Nelson said online demand for specialty perishables never leveled off from the start of the pandemic, and the growth has barely scratched the surface.
“Over more than two years of working with Parcel Perform, their solution has become our global track-and-trace solution,” said Davide Costella, global delivery services manager at Nespresso.
The always-contentious UPS-Teamsters negotiations could hit new levels of enmity should Sean O’Brien be elected Teamsters president.
Shipping and fulfillment costs continue to escalate at double-digit levels.
Strong second-quarter results give way to second-half volume growth concerns. An analyst calls the share sell-off “overdone.”
The two firms reach equity and operating agreements to expand their presence in the Indian market.
Section 202 in postal reform legislation would keep parcel and mail delivery networks integrated. Some interests say it will never require the Postal Service to straighten out its accounting.
Attorneys general are urging the Postal Regulatory Commission to order the agency to abandon its multiyear focus on parcels until mail delivery problems are resolved.
Can regional carriers and last-mile delivery companies build out national delivery networks?
The company reports strong fiscal 2021 fourth-quarter results, but warns that a persistent labor shortage will drive up costs and impede productivity.
The union’s declaration establishes the `Amazon Project,’ with the long-term goal of creating a division to organize company workers.
The 32nd version of the venerable report waxes philosophical on why more, not less, logistics spending will be needed.
Another nail in the coffin in the company’s relationship with its largest customers?
Delegates will vote on whether to eliminate a provision requiring a contract to be ratified even if a majority rejects it.
The company will add Missouri, Illinois and Kansas and deepen coverage in Louisiana and Arkansas, effective in early September.
UPS announces emission-reduction strategies for facilities, small package operations and the global air fleet.
The company’s investor day focuses on modest projections for domestic package-delivery margins through 2023.
Love it or hate it, the regional parcel carrier looks to clean up as e-commerce drives up demand for parcel-delivery services.
Transport deregulation’s long game has left much of the asset-based carrier field with few players. Will the cycle turn to usher in a cast of competitive newbies?
Unlike in 2020, parcel delivery carriers will have breathing room between late June and the traditional holiday cycle.
A white paper by TIA and CLDA stresses the need to differentiate from Amazon to succeed in final-mile delivery.
FedEx is raising the fees on U.S. residential deliveries, its Ground Economy service and on packages requiring “additional handling.”
The electric vehicle pilot is part of Walmart’s last-mile delivery initiatives.
People are eager for face-to-face gatherings. But health and safety issues will still call the shots.
AskWaves: Forget the base rate. Shippers need to worry more about the impact of accessorials.
The German company posts record first-quarter profits and substantially raises full-year earnings and cash flow targets.
