Following on the heels of FedEx’s move earlier this year, UPS plans to update its fee structure for larger parcels, decreasing the size of items that incur an extra $10.50 handling charge. Under the new rule, packages with a long side of 48″ or more will be subject to the charge as of June 6. The previous threshold was 60″.
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Continuing its relentless push into logistics to shore up carrier network capacity issues, Amazon has struck a deal with major air transport firm Atlas Air of Purchase, NY, leasing 20 of its Boeing 767-300 jets and taking up to a 30% stake in the company. Atlas is also a supplier of transport planes to UPS.
Kohl’s now make it possible for its customers to begin using Apple Pay and simultaneously earn Yes2You Rewards loyalty points. See what other benefits this brings to customers.
Pregis is investmenting $17 million in its Grand Rapids, MI facility, while also changing its name to Pregis Films, reflecting a 2015 acquisition.
Looking to differentiate from competitors on fulfillment speed, Shopify is offering its small-to-medium-sized merchant customers same-day delivery services – often within an hour – through an integration partnership with Postmates
Amid difficult days for apparel companies, embattled teen retailer Aeropostale as expected has filed for Chapter 11 bankruptcy protection, and plans to close 113 U.S. stores. It joins other recent companies including Sports Authority and Vestis Retail Group, owners of Sports Chalet, Eastern Mountain Sports and Bob’s Stores.
Plow & Hearth, LLC. announced that it has acquired certain assets of Children’s Wear Digest, Inc. See what this means for both brands.
NET-A-PORTER and Tiffany & Co. have struck a global partnership to make select Tiffany designs available on NET-A-PORTER.COM for a limited time. NET-A-PORTER is the only authorized online destination beyond Tiffany’s own channels for its iconic jewelry products, helping the brand reach new customers among NET-A-PORTER’s audience in more than 170 countries.
A final hurdle to FedEx’s proposed $4.8 billion acquisition of Dutch carrier TNT Express NV has been cleared via an unconditional approval from the Chinese Ministry of Commerce. The deal has already been blessed by authorities in the EU and Brazil, after an initial challenge last fall by the former. The deal will bring FedEx close to parity with UPS in Europe, or possibly launch it into second place behind EU market leader DHL.