Rivian to sell its electric parcel delivery van to other buyers than Amazon E-commerce giant has backed Michigan automaker with investment rounds, 100,000-vehicle order November 8, 2023 DC Velocity Staff No Comments E-commerce giant has backed Michigan automaker with investment rounds, 100,000-vehicle orderRead More
PARCEL EXPRESS Beset by loose capacity and weak demand, where do parcel express carriers go from here? Shippers are regaining pricing leverage as an uninspiring peak season has carriers pining for pandemic-era volumes. October 30, 2023 Gary Frantz No Comments Shippers are regaining pricing leverage as an uninspiring peak season has carriers pining for pandemic-era volumes. Read More
USPS expands crackdown on postal crime, citing rise in threats and attacks Postal Service has made 109 arrests for robberies and more than 530 arrests for mail theft since launching program in May October 25, 2023 DC Velocity Staff No Comments Postal Service has made 109 arrests for robberies and more than 530 arrests for mail theft since launching program in MayRead More
Postal Service plans to hike stamp price from 66 to 68 cents January 21 change needed to balance inflation, fund 10-year overhaul plan, service says October 6, 2023 Ben Ames No Comments January 21 change needed to balance inflation, fund 10-year overhaul plan, service saysRead More
CMA CGM backs joint venture building electric vans for European logistics Shipping giant joins Renault and Volvo in $720 million push to start producing new light commercial vehicle class by 2026 October 6, 2023 DC Velocity Staff No Comments Shipping giant joins Renault and Volvo in $720 million push to start producing new light commercial vehicle class by 2026Read More
UPS to acquire time-critical logistics provider MNX Global Logistics Private equity-owned California firm serves biopharmaceutical, life sciences, high-tech, medical device, aviation, and financial industries. September 28, 2023 Ben Ames No Comments Private equity-owned California firm serves biopharmaceutical, life sciences, high-tech, medical device, aviation, and financial industries.Read More
USPS to skip rate hike this winter peak season Postal service plans to hire 10,000 seasonal workers to handle surge, down from 28,000 last year September 19, 2023 Ben Ames No Comments Postal service plans to hire 10,000 seasonal workers to handle surge, down from 28,000 last yearRead More
Priority Courier Experts gains private equity backing Financing will help Priority to expand B2B delivery service beyond Minneapolis-St. Paul region, Trident investment firm says. August 22, 2023 DC Velocity Staff No Comments Financing will help Priority to expand B2B delivery service beyond Minneapolis-St. Paul region, Trident investment firm says.Read More
Pitney Bowes tries wooing clients away from rival Stamps.com Move follows “a recent and sudden price increase” by its competitor, Pitney says August 16, 2023 Ben Ames No Comments Move follows “a recent and sudden price increase” by its competitor, Pitney saysRead More
Postal Service stumbles to Q3 loss, blaming economic conditions despite easing inflation Leaders claim “significant progress” for 10-year overhaul plan, but consumer group calls for rollback of stamp price hike August 9, 2023 Ben Ames No Comments Leaders claim “significant progress” for 10-year overhaul plan, but consumer group calls for rollback of stamp price hikeRead More