Parcel
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FedEx suspends money-back guarantees on U.S. holiday air deliveries
The suspension of money-back guarantees comes seven months after FedEx restored them on nine air services.
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LaserShip taps top Home Depot supply chain executive as CEO
The huge C-suite move puts the supply chain heavyweight in the center of the parcel action right away.
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Amazon to hire 150,000 seasonal workers
Amazon’s seasonal demand dwarfs its competitors.
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LaserShip names Mike Roth, top Amazon logistics executive, interim CEO: Source
News comes days before LaserShip’s private equity parent to announce $1.3 billion purchase of fellow regional delivery firm OnTrac.
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Will regional parcel deal spark PE interest in national network?
Does private equity see a future in a nationwide parcel network stitched together with regional players? The LaserShip-OnTrac deal may be the first step.
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UPS pushes back residential delivery commitment time for Next-Day Air Service
The company moves its commitment times to noon from 10:30 a.m., effective Oct. 18.
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Does Amazon need a separate network to court outside shippers?
Some argue that Amazon lacks the integrated network to pull it off. But betting against the company has generally been a losing proposition.
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GLS to acquire Rosenau Transport for $288M
GLS has agreed to acquire Rosenau Transport for $288 million in a deal that creates a freight and parcel network across Canada.
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Deutsche Post DHL posts strong interim quarterly results, will raise full-year outlook
The German titan reports solid performances from its Express, Forwarding, Supply Chain and eCommerce units
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AEO’s acquisition of AirTerra melds separate parcel delivery visions
AirTerra’s founder looks to connect regional parcel carriers and offer options to SMB retailers. AEO looks to offer logistics as a service to competitors.
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