The FedEx/UPS near duopoly has allowed the two large carriers to control marketplace pricing for years, echoing each other’s rate hikes and impacting parcel shippers both small and large. Find out about the latest increases from FedEx, how they compare to UPS, and how they will impact shippers as of Sept. 3.
Following similar moves by FedEx, Amazon and Jet.com, UPS is piloting deliveries to multi-unit New York dwellings when residents are absent, in partnership with smart lock maker Latch. Preliminary tests began in Manhattan earlier this year and have now expanded to Brooklyn.
UPS has reached a tentative agreement on a new five-year contract with the Teamsters union for 11,000 workers at its less-than truckload (LTL) freight division, with a vote expected in 60 days.
In an effort to address overcapacity issues in its dozens of fulfillment centers, Amazon has instituted new charges that will penalize third-party sellers – who make up more than half of its sales – for having slow-moving inventory. See what these changes mean and what else Amazon is doing to deal with inventory overflow.
UPS has opened a new 323,000-square-foot high-tech package sorting and delivery hub outside Paris, part of an ongoing $2 billion investment in European facilities to expand its network capacity there and facilitate cross-border trade.
Once again Amazon is working to expand its own delivery capabilities, inviting entrepreneurs to launch new companies with fleets of 20-40 vans emblazoned with the company’s ubiquitous logo, even offering discounted lease rates it has negotiated, the company announced.
If President Trump had his way and the U.S. Postal Service charged more for parcel delivery, the move would not only hurt the USPS’s parcel business but cause a ripple effect, according to a report from the Information Technology and Innovation Foundation (ITIF).
A U.S. Appellate Court ruling in Washington DC upheld the U.S. Postal Service’s pricing methodology, knocking down a challenge from UPS that categorized it as unfair and anticompetitive.
UPS has made a number of intra-year rate and fee changes, including increasing the over-max charge for packages weighing more than 150 lbs. from $500 to $650. Here is a breakdown of all the changes and what they mean for you as a shipper.
Spending on ecommerce logistics in the U.S. reached $117.2 billion in 2017, representing 6.9% of all domestic logistics costs, up from 5.2% in 2016, according to a new report from Armstrong & Associates, as online buying continues to experience 14% annual growth.