Items Tagged with 'UPS'

Summer is shaping up to be one for the history books as the market contends with UPS’s labor negotiations, FedEx’s restructuring, downshifting consumer spending, and slackening parcel demand.

Big Brown invests in high-tech “driving simulators” to augment operator safety training.

Speaking at MIT, FedEx founder said he does not see Amazon as a direct competitor.

The pandemic supercharged last-mile delivery as stuck-at-home consumers ordered everything from treadmills to computers and furniture for their homes. Now with Covid subsiding, pocketbooks thinner, and inflation rising, is last-mile growth hitting a wall?

A number of factors are conspiring to tap the brakes on two years of accelerated, pandemic-driven growth in parcel volumes. That means that unlike last year, shippers in 2022 are finding ample capacity and competition for their parcels.

Survey shows that staffing and wage issues trump supply chains, global events and gas prices, and loss prevention.

Purchase brings UPS’ fleet of that model to 108 planes, as Boeing forecasts that global freighter fleet will grow from 2,250 in 2022 to 3,610 airplanes in 2041.

Acquisition of Italy’s Bomi Group will add temperature-controlled pharmaceutical warehouses in 14 countries.

Study from Brand Finance says logistics brands rode pandemic swell in consumer spending for goods over services.

Covid lockdowns in China. Moderating demand easing capacity constraints. Softening e-commerce sales as brick-and-mortar stores make a comeback. Is it just an early, temporary seasonal lull for parcel carriers or a harbinger of a shifting market?