FedEx/UPS duopoly flexes muscles on shippers
FedEx and UPS are squeezing e-commerce shippers with more expensive DIM pricing, accessorial fees, and tough rate negotiations.
FedEx and UPS are squeezing e-commerce shippers with more expensive DIM pricing, accessorial fees, and tough rate negotiations.
FedEx Express has announced the second planned purchase upgrading its feeder fleet–a more powerful Cessna that can haul twice the freight and fly faster than the old Caravan 208s.
Elon Musk has delayed the public unveiling of the Tesla semi, citing issues with the Model 3 production rollout and a focus increasing battery production to help Puerto Rico, Musk tweeted late on Friday.
An unlikely alliance has formed between FedEx and UPS over a common problem. Their respective chief executive officers co-wrote an editorial in the Wall Street Journal in an attempt to get the attention of Trump administration and policy makers regarding needed industry reforms.
FedEx Freight announced that drivers at its Croydon, PA, facility have voted to leave the Teamsters Union. This comes just two weeks after drivers in Charlotte, NC, did the same.
Google Glass, those futuristic glasses created by Google a few years ago are back. Discontinued after meeting with only minor success despite great introductory fanfare, they have now made a reappearance with a focus on corporate America.
According to research from KPMG and HfS Research, more companies than ever are outsourcing their supply chain and logistics services as the job of moving product becomes more complicated.
Walmart is testing a program where store associates will deliver online purchases, which could have a major impact on package delivery companies. Also, Waymo is testing a self-driving truck and monthly freight index climbs.
FedEx said it was victimized by the massive cyber attack on Friday that hit businesses in an estimated 100 countries. Also, more venture capital money is flowing into trucking and 3-D printers may be altering the movement of freight in the near future.
While most people assume that drones will someday be making home deliveries, there are other possibilities including droids and even mobile parcel lockers. Whatever method or combination of methods are chosen, though, last-mile delivery may never be the same.
Amazingly, there’s one area of the country where more than 80% of the nation’s freight travels through on its way to its final destination. It’s not Chicago, New York or Dallas. It’s not even in the center of the U.S. Meet Freight Alley.