Parcel
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UPS unveils all-in pricing without delivery surcharges
UPS has launched a program to offer one consolidated rate with no surcharges. However, experts said shippers may end up paying more compared with the…
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FedEx to shave daily flights to align costs with lower demand
FedEx will cut 11% of trans-Pacific flights, 9% of trans-Atlantic flights and 17% of Asia-Europe capacity.
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FedEx announces largest general rate increase in its history
FedEx announces a 6.9% tariff rate increase for all of its services except LTL.
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Massive overcapacity expected to hit holiday parcel delivery market
A ShipMatrix report says delivery capacity will average 110 million parcels per day, while demand will average just 92 million parcels.
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FedEx’s disastrous announcement raises concerns about company’s core direction
FedEx says weak international demand was the issue behind its fiscal first quarter pre-announcement. But the signs point to company-specific deficiencies.
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FedEx withdraws full-year guidance, posts massive decline in unit’s operating income
FedEx has pulled its guidance a week before releasing first-quarter results. The company reported a $572 million year-on-year decline in FedEx Express’ operating income as…
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FedEx sets earlier cutoffs for accepting holiday shipments
FedEx Corp. announces most U.S. shipments must be tendered by Dec. 14, one day earlier than last year’s deadline, if they are going to arrive…
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Amazon to sweeten payment pot for its delivery contractors
Amazon will spend $450 million over the next 12 months to fund rate increases for contractors, provide tuition reimbursement for drivers, and support a newly…
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Consumers want, but don’t expect, Sunday parcel deliveries, survey finds
A Pitney Bowes survey finds that 41% of respondents believe Sunday service is important. But three-quarters don’t think it will happen.
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UPS lies low as FedEx Ground contractor dispute simmers
With Teamsters contract talks looming, UPS is loath to step into a fight where a carrier is at odds with its drivers.
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