The second week of the peak holiday shipping season, which included the Cyber Monday online buying bonanza, didn’t go as well as the first. Inclement weather in parts of the country played the delivery Grinch, according to data from consultancy ShipMatrix released Dec. 11.
UPS Inc.’s (NYSE:UPS) on-time performance came in at 92.7%, FedEx Corp. (NYSE:FDX) at 90.4%, the U.S. Postal Service’s (USPS) at 92.3%, and Amazon.com. Inc.’s (NASDAQ:AMZN) at 93.7%, ShipMatrix said. Last-mile deliveries accounted for the bulk of the Amazon reading.
The results were substantially below the first week’s results, which saw the four main parcel carriers effectively hit it out of the on-time delivery park.
Deliveries in and around New England suffered the most, as heavy snowfall resulted in about 20% of residents not receiving their packages when they had been promised, according to ShipMatrix data.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now