UPS To Hire up to 95,000 for Holiday Season
UPS said it expects to hire 90,000-95,000 seasonal employees this year to support the anticipated increase in package volume, the same as in 2014.
Transportation
The Internet of (Postal) Things Is Coming
Based on the Internet of Things, the U.S. Postal Service envisions a network of sensor-based connected devices to enhance services and drive efficiencies.
Shippers Weighing Options As Ports Jockey for Position
While cargo is flowing back to West coast ports after labor issues were settled, it’s growing faster at East and Gulf ports as shippers weigh their options.
Coyote Acquisition Helps UPS with Backhaul, Peak Season Demand
The ability to buy its way into the full truckload (FTL) brokerage sector and provide backhaul services are what led UPS to its $1.8B Coyote acquisition.
Macy’s To Expand Same-Day Delivery to 9 New Markets
After a successful fall pilot in 8 markets, Macy’s is expanding same-day delivery service to 9 additional metro areas, giving it greater reach than Amazon.
UPS to Acquire Coyote Logistics for $1.8 Billion
UPS will acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company, for $1.8 billion from Warburg Pincus.
EU Probing FedEx’ Proposed Acquisition of TNT Express
The EU is investigating whether FedEx’ proposed acquisition of TNT Express would be an anti-competitive deal in the European parcel delivery market.
UPS Beats Q2 Earnings Estimate Even As Revenue Falls
UPS’s Q2 earnings beat analyst estimates, even as revenue was slightly below expectations. Its B2B business gained from ecommerce, omnichannel and returns.
Supply Chain Risk: When Bad Things Happen to Good Cargo
As supply chains are often global in scope and impact fiscal health, supply chain risk is a major issue. Here are some steps to take to mitigate that risk.
UPS Capital Acquisition Enhances Luxury Goods Logistics Offering
UPS Capital has acquired the Insured Parcel Services (IPS) of G4S International Logistics, pushing further into the luxury goods market.