Private equity group rolls up 3 small firms for courier network
Trident Management bought Priority Courier Experts three years ago as a growth platform. Last week, it furthered its strategy with the acquisition of three local express carriers.
Trident Management bought Priority Courier Experts three years ago as a growth platform. Last week, it furthered its strategy with the acquisition of three local express carriers.
ShipStation, a provider of automated shipping services, is enabling customers to select less-than-truckload carriers and tender shipments on its parcel platform, marking the first concrete integration of services since the merger with WWEX Group this year.
Gofo, a last-mile e-commerce delivery company, is expanding its U.S. footprint at a rapid clip.
UPS’s next contract with the Teamsters union in two years will determine its own fate in parcel delivery and create monumental change at Amazon, FedEx, the U.S. Postal Service, Walmart and other couriers, according to an industry expert.
Ceva Logistics and its Colis Privé unit in France have acquired the e-commerce parcel carrier Paack in Spain and Portugal.
DHL Group is adding to its e-commerce logistics portfolio by acquiring Venipak, a prominent parcel carrier in the Baltic states.
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.
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.
DHL has raised 2026 guidance behind strong logistics demand and second-quarter results.
By Satish Jindel On Monday, FedEx Corp. spun-off its Freight division. What is left is the combined network of FedEx Express and FedEx Ground. It’s an opportune time to remember that FedEx (NYSE: FDX) would be a distant third-place parcel carrier in the U.S. market without the acquisition of RPS as part of the $2.4 […]
Sen. Tom Cotton of Arkansas is calling for an investigation into Chinese-controlled parcel delivery companies in the U.S., saying they receive heavy subsidies that allow them to underprice domestic carriers and could be sharing critical U.S. market data with the Chinese government.
Parcel shippers should brace for an extended period of high fuel surcharges on top of their normal shipping rates even after an end to the Middle East conflict calms oil markets, a new report says.
A U.S. district court in Boston has rejected a Teamsters union motion to stop UPS from buying out package car drivers in an effort to reduce excess capacity.
Newbie parcel carrier Gofo stoked its big growth ambitions with the acquisition of Cirro E-commerce, an e-commerce logistics platform company, giving it better inroads to retail customers.
FedEx has partnered with three investment companies to buy European parcel carrier InPost and take it private, with both sides leveraging complimentary strengths in last-mile delivery and global distribution.
A permanent shutdown of Smoky Mountain Logistics will leave 145 drivers and staff without jobs by Feb. 28.
In a novel move, the U.S. Postal Service will open access to its last-mile delivery service for companies with the highest bid.
SpeedX has invested in a huge parcel center in Chicago as the arms race among parcel carriers to build competitive networks escalates.
About 2,000 unionized delivery drivers accepted a buyout offer from UPS in the third quarter, according to an estimate by Satish Jindel, a long-time parcel shipping consultant and president of ShipMatrix. UPS CEO Carol Tomé said during Tuesday’s earnings briefing that the buyouts will cost the company $175 million. The Atlanta-based parcel logistics giant has […]
Startup e-commerce logistics companies Gofo Express and Veho have invested in new high-capacity sortation centers to help speed deliveries for retail customers.