Continuing its push into cross-border ecommerce to take advantage of rapid growth in that area, FedEx is consolidating a few different business units under existing freight forwarding division FedEx Trade Networks (FTN) as of March 1. See what FTN is now comprised of, and how FedEx views the opportunity.
Effective Dec. 24 (yes, you read that correctly), rates for UPS Ground, UPS Air and International services as well as UPS Air Freight rates within and between the U.S., Canada and Puerto Rico will increase an average of 4.9%. Here’s an analysis of UPS’s changes and the impact they will have on parcel shippers.
FedEx announced it has acquired inventory management provider Northwest Research, adding technology to help with its ecommerce fulfillment capabilities. The companies said Northwest will provide “new approaches to inventory management issues, including specialized research to maximize successful outcomes for challenging shipments.”