Skip to content
Search AI Powered

Latest Stories

newsworthy

UPS names Alan Gershenhorn chief commercial officer as firm's executive suite continues to churn

New sales, transportation positions created; moves follow Abney's elevation to CEO.

The executive personnel changes are coming fast and furious at the nation's largest transportation company.

UPS Inc., fresh from naming David L. Abney, its chief operating officer, as its next CEO, said today that Alan Gershenhorn has been named executive vice president and the company's first chief commercial officer, effective immediately. Gershenhorn, 55, will lead the "development and implementation of broad strategic growth and innovation initiatives" across the enterprise, Atlanta-based UPS said in a statement. These initiatives include developing new markets, products, and solutions and overseeing what UPS called "stronger customer engagement" across its business lines.


Gershenhorn, who has spent 35 years at UPS, had been its chief sales, marketing, and strategy officer.

In addition, Kate Gutmann, president of worldwide sales, was named to the new position of worldwide sales and solutions, while Mitch Nichols, president of UPS Airlines, the company's airline division, was promoted to the new post of senior vice president of transportation and engineering. Gutmann, 45, will be responsible for leading UPS's global sales solutions and customer engagement strategy. Nichols, 58, will continue to be responsible for UPS Airlines, and head UPS' transportation, engineering and sustainability functions.

Brendan Canavan, 53, currently president of UPS Asia Pacific, will replace Nichols as president of UPS Airlines, UPS said. Gutmann, Nichols and Canavan have already assumed their new roles, UPS said.

Gutmann and Nichols will join Gershenhorn on UPS' 11-person management committee, which sets the strategic direction for the $55-billion-a-year colossus.

Last Friday, UPS named Abney, 58, the 11th CEO in its 107-year history. Davis, 62, will stay on in the new post of nonexecutive chairman. Those changes will take effect Sept. 1.

The Latest

Disaster Response

15 candles

photo of different colored umbrellas
Training/Professional Development/Labor Issues

Do you know a Rainmaker?

More Stories

chart of warehouse vacancy rates

Colliers: warehouse construction rates return to pre-pandemic levels

It’s getting a little easier to find warehouse space in the U.S., as the frantic construction pace of recent years declined to pre-pandemic levels in the fourth quarter of 2024, in line with rising vacancies, according to a report from real estate firm Colliers.

Those trends played out as the gap between new building supply and tenants’ demand narrowed during 2024, the firm said in its “U.S. Industrial Market Outlook Report / Q4 2024.” By the numbers, developers delivered 400 million square feet for the year, 34% below the record 607 million square feet completed in 2023. And net absorption, a key measure of demand, declined by 27%, to 168 million square feet.

Keep ReadingShow less

Featured

screen shot of woman planning freight routes

Survey: both shippers and carriers see need for standard KPIs

Both shippers and carriers feel growing urgency for the logistics industry to agree on a common standard for key performance indicators (KPIs), as the sector’s benchmarks have continued to evolve since the COVID-19 pandemic, according to research from freight brokerage RXO.

The feeling is nearly universal, with 87% of shippers and 90% of carriers agreeing that there should be set KPI industry standards, up from 78% and 74% respectively in 2022, according to results from “The Logistics Professional’s Guide to KPIs,” an RXO research study conducted in collaboration with third-party research firm Qualtrics.

Keep ReadingShow less
photo of warehouse worker scanning barcodes

Capel steps down as CEO of Manhattan Associates after 25 years

Supply chain technology firm Manhattan Associates, which is known for its “tier one” warehouse, transportation, and labor management software products, says that CEO Eddie Capel will retire tomorrow after 25 total years at the California company, including 12 as its top executive.

Capel originally joined Manhattan in 2000, and, after serving in various operations and technology roles, became its chief operating officer (COO) in 2011 and its president and CEO in 2013.

Keep ReadingShow less
photo of conveyors and bins

SG Holdings acquires high-tech logistics specialist Morrison Express

The Japanese logistics company SG Holdings today announced its acquisition of Morrison Express, a Taipei, Taiwan-based global freight forwarding and logistics service provider specializing in semiconductor and high-tech logistics.

The deal will “significantly” expand SG’s Asian market presence and strengthen its position in specialized logistics services, the Kyoto-based company said.

Keep ReadingShow less
chart of EV market share

J.D. Power: EV growth to stagnate in 2025 due to federal policies

The growth of electric vehicles (EVs) is likely to stagnate in 2025 due to headwinds created by uncertainty about the future of federal EV incentives, possible tariffs on both EV and gasoline-powered vehicles, relaxed federal emissions and mileage standards, and ongoing challenges with the public charging network, according to a report from J.D. Power.

Specifically, J.D. Power projects that total EV retail share will hold steady in 2025 at 9.1% of the market, or 1.2 million vehicles sold. Longer term, the new forecast calls for the EV market to reach 26% retail share by 2030, which is approximately half of the market share the Biden administration targeted in its climate agenda.

Keep ReadingShow less