Coyote Logistics reports its spot market index is down 24.9 percent year over year, but the 3PL believes an inflection point is near when demand will begin to pick up and rates climb again.
Monday January 20, 2020
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UPS
UPS
UPS, formerly known as United Parcel Service, is a U.S.-based global package and delivery service founded in 1907. Headquartered in Atlanta, the company is the largest transport operator in the U.S. and the second-largest global transportation company. Total revenue for 2013 was $55.4 billion and represented package operations and supply chain and less-than-truckload freight services.
UPS employs 397,100 individuals worldwide, who contribute to its daily delivery of 16.3 million packages and documents to 7.7 million customers in more than 220 countries and territories.
Complementing the delivery services it is most known for, UPS provides supply chain solutions that span 33.5 million square feet across more than 120 countries. These operations include logistics and distribution; freight forwarding to 195 countries; international trade management and customs brokerage. UPS Freight, based in Richmond, is the fourth-largest U.S. LTL trucking company. UPS also handles service parts logistics, technical repair and configuration, supply chin design and planning and returns management.
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Press Releases
03 May 2019
US shippers have pricing power over truckers now, but their advantage may slip away by the end of 2019, Coyote Logistics warns.
20 Apr 2019
Although the e-commerce giant doesn't describe itself as a third-party logistics provider (3PL), Amazon has surpassed major global players such as DHL and Kuehne + Nagel in 3PL revenue.
01 Apr 2019
The largest 50 US trucking firms saw their share of for-hire revenue jump by double digits last year compared with pre-recession levels, as shippers give bigger carriers more business.
21 Mar 2019
Shippers should be on the lookout for increases in trucking and parcel accessorial charges as freight rates come under increasing pressure.
26 Feb 2019
Rising demand on its Asia-Europe express network is seeing UPS make some big investments in infrastructure and aircraft capacity to keep up.
15 Jan 2019
The business model goals of online marketplaces such as Amazon and Walmart involve more than showcasing retailers’ products online.
17 Dec 2018
The presidential task force on US Postal Service reform has focused on an important aspect of its business model, but unfortunately it has missed an opportunity to make a change that would truly make a difference for the Postal Service.
27 Nov 2018
Even after a 2019 rate increase for first class mail, the US Postal Service remains a bargain, compared with rates for other national postal services in the developed world. And there’s additional good news regarding parcel select service rates.
05 Sep 2018
Shippers stand to benefit in at least two ways from Amazon’s plans, based on a laser-focused customer fulfillment strategy.
31 Jul 2018
The largest global transport operator is amping up its efforts to develop electric trucks as fuel costs and emissions rules spur demand.
06 Jul 2018
The world’s biggest transport operator sees a combination of fuels and technologies as necessary to meet shipper sustainability goals.
11 Jun 2018
There are many issues on the bargaining table, and no single overriding issue this year, though the Sunday delivery issue comes close. Shippers, coping with tight US surface transportation, are hoping for a constructive outcome. "This isn’t something we need right now,” one shipper said.
06 Feb 2018
The new facility near the El Paso International Airport will serve shippers in what is called “the Borderplex” — a manufacturing region stretching out from the cities of El Paso, Texas and Ciudad Juarez, Mexico.
International Logistics
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