The latest earnings from UPS reveal two trends that might at first seem contradictory: e-commerce is growing in leaps and bounds globally, and customers are choosing to defer delivery on packages to get greater savings.
News & Analysis
29 Oct 2014
Chinese package delivery company S.F. Express was the fastest-growing global transportation company in 2013, increasing revenue 40.6 percent in a year when the 50 largest transport operators saw revenue go flat.
27 Oct 2014
TNT Express suffered its first operating loss in five quarters due to a provision for a potential antitrust fine and restructuring costs.
23 Oct 2014
FedEx said it has plans in place to handle expected record volume of holiday shipments this year and avoid a repeat of 2013’s late-shipments debacle.
21 Oct 2014
UPS will raise freight rates for air and ground packages, domestic and international shipments and less-than-truckload freight by 4.9 percent on average Dec. 29, the company said Monday.
06 Oct 2014
A Kansas court decision could influence 20 class action lawsuits claiming FedEx Ground drivers in the last decade were employees, not independent contractors.
03 Oct 2014
Major U.S. parcel carriers are pressuring retailers to be more realistic in shipping expectations in order to avoid a repeat of the 2013 holiday season, when over 2 million express packages were not delivered by Christmas Eve.
03 Oct 2014
UPS added 766 U.S. postal codes to its UPS Worldwide Express Plus network in the third quarter, extending the reach of its international earliest morning service deeper into the U.S.
30 Sep 2014
The world’s top integrators are waiting to see how the recent ruling by China’s State Council to liberalize domestic package delivery will play out across the multibillion dollar market dominated by a multitude of small low-cost operators.
24 Sep 2014
TNT Express today issued a profit warning for 2015 because of tough trading conditions in Europe.
22 Sep 2014
Even as air freight space out of China is has tightened because of the launch of the Apple iPhone 6, the typical air freight surges associated with major electronics product launches are not what they used to be.