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
Stay Up to Date on the Parcel Industry
Unlike freight shipping, which moves goods in large quantities (whole truckloads or shipping containers, for example), parcel shipping moves individual goods essentially one at a time (usually by truck or plane). While both focus on the movement of goods, transportation methods, level of service, and cost can be very different between the two services. Freight is almost exclusively used by commercial shippers, while small- to medium-sized retail shippers usually use parcel freight.
Parcel delivery is a cost-effective, efficient, and fast option for businesses shipping items up to 150 pounds. And, unlike freight shipping, packages are delivered directly to a residential or business address. Check back here for the latest parcel freight industry news.
The German titan reports solid performances from its Express, Forwarding, Supply Chain and eCommerce units
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.
Company takes no chances in keeping supply chain problems away from holiday deliveries.
FedEx is paying customers that utilize their own equipment, a consultant says.
The company faces an optics challenge as many question the motive behind rate increases.
The company didn’t blindside anyone. But it didn’t please that many, either.
Noncontract prices will climb by 5.9% for FedEx’s Express, Ground and Freight services.
Seasonal hiring begins as transportation providers plan for another big peak season. FedEx is looking to add 90,000 workers.
UPS is buying Roadie, a same-day delivery firm, as it seeks to expand its package delivery options to customers.
The company said it will make many job offers within 30 minutes of receiving an application.
Most of the levies will fall within the range of 20 cents to 29 cents per package.
ShipMatrix’s forecast projects less of an imbalance than the 2020 peak.
Expedited-delivery surcharge to be imposed on top of basic delivery fee.
Spike in parcel delivery demand is lifting the good ship S.S. Consultant to new heights
New customers will need to onboard by that date to get holiday delivery services.
Double-digit surcharge hikes might be minimized or avoided if customers can adjust their shipping timetables.
The company also imposes sweeping levies on former postal business that’s been brought in-house; a separate 60-cents-per-package residential fee kicks in Jan. 17 with no end date.
FedEx Ground has begun using robotics from Berkshire Grey in its Queens facility, with plans to add them to more facilities in the coming months.
The levies to hit hardest on heavier parcels going longer distances.
Perishable Shipping Solutions CEO Mark Nelson said online demand for specialty perishables never leveled off from the start of the pandemic, and the growth has barely scratched the surface.
“Over more than two years of working with Parcel Perform, their solution has become our global track-and-trace solution,” said Davide Costella, global delivery services manager at Nespresso.
The always-contentious UPS-Teamsters negotiations could hit new levels of enmity should Sean O’Brien be elected Teamsters president.
Shipping and fulfillment costs continue to escalate at double-digit levels.
Strong second-quarter results give way to second-half volume growth concerns. An analyst calls the share sell-off “overdone.”
The two firms reach equity and operating agreements to expand their presence in the Indian market.
Section 202 in postal reform legislation would keep parcel and mail delivery networks integrated. Some interests say it will never require the Postal Service to straighten out its accounting.
Attorneys general are urging the Postal Regulatory Commission to order the agency to abandon its multiyear focus on parcels until mail delivery problems are resolved.
Can regional carriers and last-mile delivery companies build out national delivery networks?
The company reports strong fiscal 2021 fourth-quarter results, but warns that a persistent labor shortage will drive up costs and impede productivity.
The union’s declaration establishes the `Amazon Project,’ with the long-term goal of creating a division to organize company workers.
The 32nd version of the venerable report waxes philosophical on why more, not less, logistics spending will be needed.
Another nail in the coffin in the company’s relationship with its largest customers?
Delegates will vote on whether to eliminate a provision requiring a contract to be ratified even if a majority rejects it.
The company will add Missouri, Illinois and Kansas and deepen coverage in Louisiana and Arkansas, effective in early September.
UPS announces emission-reduction strategies for facilities, small package operations and the global air fleet.
The company’s investor day focuses on modest projections for domestic package-delivery margins through 2023.
Love it or hate it, the regional parcel carrier looks to clean up as e-commerce drives up demand for parcel-delivery services.
Transport deregulation’s long game has left much of the asset-based carrier field with few players. Will the cycle turn to usher in a cast of competitive newbies?
Unlike in 2020, parcel delivery carriers will have breathing room between late June and the traditional holiday cycle.
A white paper by TIA and CLDA stresses the need to differentiate from Amazon to succeed in final-mile delivery.
FedEx is raising the fees on U.S. residential deliveries, its Ground Economy service and on packages requiring “additional handling.”
The electric vehicle pilot is part of Walmart’s last-mile delivery initiatives.
People are eager for face-to-face gatherings. But health and safety issues will still call the shots.
AskWaves: Forget the base rate. Shippers need to worry more about the impact of accessorials.
The German company posts record first-quarter profits and substantially raises full-year earnings and cash flow targets.
About 37% of 1,005 respondents said they will ship their gifts this year, the first-ever UPS Mother’s Day survey finds.
Truckload shippers are accepting double-digit rate hikes in 2021 and further increases in 2022, Deutsche Bank’s lead transport analyst says.
A big revenue gain in global e-commerce is the high point of the quarter.
Olsavsky says the one-day delivery service needs to get on top of burgeoning demand and warehouse space shortages.
Shipping costs rise 57% to $17.1 billion.
The CEO of TFI International suggests the Canadian firm is looking to grow its relationship with UPS beyond its $800 million acquisition of UPS Freight.
The move comes as the company reports terrific first-quarter results and its shares soar.
Revenue jumps by double digits across the board; pension gains account for about half of EPS increase.
The author of “Fulfillment: Winning and Losing in One-Click America” talks about Amazon’s push for complete dominance and what it may mean for all of us.
The company restores guarantees on domestic next-day air deliveries and U.S. air imports and exports.(Photo: Flickr/Tomás Del Coro CC BY-SA 2.0)
Having proved it could achieve 100% offsetting of CO2 emissions from Expedited Max in 2020, DHL eCommerce Solutions is officially declaring its service with the highest carbon footprint as carbon-neutral moving forward.
The company restores money-back guarantee on next-day air products and much of its international express portfolio.
Starting April 5, the company will resume refunds for late or missed next-day air deliveries.
FedEx stays mum on how it will aid its ground delivery contractors to transition to all-electric vehicles.
Parcel initiatives are expected to bring in $24 billion in new net revenue by 2020, the agency said in releasing its 10-year reorganization plan.
Carol Tomé has blown through UPS like a whirlwind. Will there be long-term blowback?
The company moves to broaden its footprint and introduce services as it posts stellar fiscal 2021 third-quarter results.
Smith sees no let-up in the demand for the company’s services.
The CBP’s final rule is seen as aiding the U.S. Postal Service in weighing which shipments fail to comply with a data preclearance directive.
UPS needs to step up its weekend game if it plans to overcome FedEx’s advantage in e-commerce transit times, a former UPS executive says.
DeJoy testifies that the Postal Service must focus on increasing its 35% share of the package market currently dominated by private carriers.
E-commerce is the growth engine for air cargo. It’s why DHL Express just added a new air/parcel hub in Milan, Italy.
FedEx rebrands the service FedEx Ground Economy to reflect full control of last-mile deliveries.
Federal stimulus checks will be heading by direct deposit and mail to millions of Americans, who will quickly turn to their computers to place online orders that flood parcel networks.
The German logistics giant forecasts more than $7 billion in operating profit as far out as 2023.
E-commerce is like a monster that can’t be contained and Amazon is growing with it. The online retailer just bought some aircraft for the first time. Now it has bought a piece of a cargo airline.
Amazon-backed Deliveroo announces plans to go public less than a year after British regulators questioned the viability of the business.
The company sets ambitious fleet electrification goals and establishes a center at Yale University to research climate-capture techniques.
DHL Aviation is turning over every stone to find economical capacity to haul packages for DHL’s express unit. The latest moves involve a travel airline flying parcels instead of passengers and a new Airbus converted freighter that few others have.
United Airlines on Friday became the second airline to pay millions of dollars in penalties for a scheme to defraud the U.S. Postal Service for international mail delivery.
The store’s opening is part of DHL unit’s focus on contactless transactions, social distancing, it says.
The e-commerce shipping platform said it is now valued at nearly half a billion dollars.
Geodis’ Jeff McDermott joined FreightWaves to talk about challenges that parcel carriers are facing and lessons learned from the pandemic.
Uber recently sent out a white paper on its views of compensation and other benefits for its drivers in Europe.
You’ve probably flown in a Boeing 737-800, a next-generation variant of this popular 737, but when they are put to pasture they become valuable assets for all-cargo airlines. ASL Airlines in Europe is snapping some up and converting them to freighters.
The rate increases could generate needed revenue and profits, but they may narrow the price-service gap between the Postal Service and its rivals.
Amazon is an e-commerce rocket ship. Making those deliveries possible is Amazon Air, which is growing so fast it could make it possible for more people to receive orders within a day.
S.F. Express is growing its domestic Chinese parcel business at a dizzying rate. The acquisition of a large Hong Kong logistics company helps it expand overseas.
Leaf Logistics CEO Anshu Prasad believes manufacturers of food and consumer packaged goods could be in jeopardy of missing earnings expectations as transportation rates remained elevated throughout the quarter.
FedEx makes a multiyear commitment to help colleges offset the COVID-19 economic impact.
The agency’s revamp will likely include cost reductions, price increases and efforts to streamline what many consider a bloated organization.
A top FedEx reverse logistics expert says the online returns tsunami has just begun.
Amazon reportedly will nurture hundreds of startup trucking companies to haul its goods.
Amazon CEO steps away after going where no retailer had gone before.
The deal benefits TFI’s freight-centric culture and allows UPS to shed a noncore asset, Tomé says.
Amazon announces a leadership shift as it crushes fourth-quarter 2020 estimates and reports $125 billion in revenue.
Call Cainiao the Amazon Logistics of China. When most of China normally takes a break for the Lunar New Year, Cainiao will still be delivering packages to Hong Kong this year.
Scott Ruffin’s company is poised to exploit weaknesses in legacy delivery networks to take B2C share.
E-commerce and shipping solutions provider Pitney Bowes reported “the highest modern-day, organic growth rate on record.”
UPS reports all-time annual records for revenue and earnings per share.
The U.S. Postal Service is exploring the potential of bringing in commercial operators to handle outbound traffic.
UPS lost its 16-year battle to succeed in LTL. Now it’s TFI’s turn.
TFI International CEO Alain Bedard praised the partnership of UPS and the Teamsters and signaled his company’s willingness to work with unions ahead of the UPS Freight acquisition. But will it work?
Maier is succeeded by FedEx Freight head John Smith; Lance Moll will replace Smith at the LTL unit.
TFI International has agreed to buy UPS Freight for about $800 million in its largest acquisition to date.