UPS shift away from Amazon shows bigger payoff
UPS said earnings improved in the second quarter as it fully ended handling low-margin Amazon shipments and continued streamlining its domestic network as it concentrates on high-quality revenue.
UPS said earnings improved in the second quarter as it fully ended handling low-margin Amazon shipments and continued streamlining its domestic network as it concentrates on high-quality revenue.
A second international airport has opened in Sydney, Australia, highlighted by a new cargo zone that operates 24/7, giving businesses more shipping capacity and flexibility. Australia Post and Qantas have set up an air parcel terminal to expedite e-commerce traffic.
DHL Group is adding to its e-commerce logistics portfolio by acquiring Venipak, a prominent parcel carrier in the Baltic states.
U.S. law enforcement authorities have won recent prosecutions of individuals involved in counterfeit postage schemes connected to China.
FedEx is adding a new import fee for the European Union and increasing delivery and pickup surcharges for more than 200 zip codes, as it continues to squeeze customers for revenue by means other than general rate increases.
Modest parcel revenue growth cannot mask the financial pressure facing global postal operators amid rising costs, declining letter volumes and competition from private couriers, according to a new industry report.
A federal court in California sentenced a woman to prison for using counterfeit postage to ship millions of parcels through the U.S. Postal Service.
Maersk will fulfill orders for the Northeast region for a large e-commerce seller from a new Boston facility.
DoorDash has synced its marketplace with the Shopify app to enable small retailers with stores to utilize its on-demand delivery network.
Fuel surcharges continue to be a major component in rising parcel shipping rates, especially as FedEx and UPS jigger with their tables to maintain revenue even if fuel prices go down.
The U.S. Postal Service has raised the price of First-Class mail to help stabilize its finances.
The Postal Service is moving more mail by air to compensate for lower parcel volumes and avoid premiums for missing UPS volume guarantees when the stated policy is to rely more on surface transportation, according to a new audit.
DHL has raised 2026 guidance behind strong logistics demand and second-quarter results.
Cheap parcels entering the European Union are subject to a 3 euro customs fee as of July 1, forcing retailers to overhaul internal systems to ensure compliance and raising questions about whether shoppers will be put off by higher fees passed through to them.
E-commerce platform Vinted is entering the Australian market and has signed Australia Post to support all parcel shipments.
The U.S. Postal Service is borrowing employee retirement funds to maintain cash flow, but will run out of money in five years or more unless Congress passes structural reforms, the Postmaster General warned on Wednesday.
FedEx is slowly redeploying its fleet of MD-11 aircraft that were grounded for seven months following the fiery crash of a UPS freighter, but has also decided to retire 10 aging aircraft.
FedEx reported strong quarterly results, driven by growth in package volumes and yields as the company focuses on high-margin logistics business.
UPS wants to reduce the size of its workforce in the UK by transferring last-mile delivery to outside couriers, which would significantly change the labor landscape for legacy parcel cariers.
The Teamsters union is gearing up to file grievances against UPS for allegedly funneling package delivery to Roadie, a subsidiary that uses less-expensive gig drivers.