Spot rates have jumped more than 40 percent in the last four weeks for shippers using rail-owned boxes out of Los Angeles due to an equipment shortage in Southern California unseen since 2018.
Thursday July 9, 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.
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.
Webcasts
Jul 16, 2020 2:00PM EDT
Jul 30, 2020 1:00PM EDT
Press Releases
22 May 2020
Tightening truck capacity will collide with rising freight demand by 2021, flipping pricing power back to truckers next year, Coyote Logistics predicts, but consumer behavior is a wild card.
28 Apr 2020
The COVID-19 pandemic has flipped UPS’s business, with nearly 70 percent of package volume now residential. That means more mileage, more stops, and more costs.
12 Mar 2020
In picking former Home Depot CFO Carol Tomé as CEO, UPS puts a former customer from retail e-commerce leader in the driver’s seat.
30 Jan 2020
As its US network gets faster and more automated and e-commerce demand keeps growing, UPS is taking aim at small to mid-sized businesses in 2020.
22 Aug 2019
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.
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.
27 Oct 2017
Third-quarter earnings reports reveal across-the-board increases in transportation rates, with little sign pressure will ease soon.
05 Oct 2017
As the US and relief organizations struggle to move goods across battered Puerto Rico, Hurricane Maria's legacy will include long-term damage to supply chains.
03 Aug 2017
Want to avoid FedEx holiday season surcharges? Cut back on packaging and use last-mile services for heavier freight, a transportation consultant advises
23 Jun 2017
Rail tracks end long before e-commerce's last mile, but Amazon.com has many "touch points" at Union Pacific Railroad, Beth Whited says.
21 Jun 2017
FedEx, undecided about whether to follow UPS in imposing holiday season surcharges, is talking with volume customers on pricing. Best advice: Avoid last-minute shipping.
19 Jun 2017
UPS's peak season surcharges are the latest pushback by transport operators against "free shipping."
09 Jun 2017
As e-commerce reshapes fulfillment and transportation, the effects are evident among logistics companies that make the Fortune 500 list of largest US companies.
26 May 2017
China's growing courier business will have greater access to US markets after a joint venture was agreed between global giant UPS and China market leader SF Express.
24 Apr 2017
UPS's Mark Modesti believes smaller shippers increasingly are drawing near an "inflection" point when it comes to adding technology and changing processes to control inventory. They need to get past that point to survive and grow.
21 Mar 2017
Shippers spent more on dedicated trucking and last-mile deliveries last year, benefiting top tier carriers. Will industrial and consumer freight follow in 2017?
08 Mar 2017
UPS has not said whether it will seek damages following the ruling.
02 Mar 2017
E-commerce has heightened the sense of urgency regarding shipment visibility.
09 Jan 2017
New UPS subsidiary Freightex will work closely with US-based Coyote Logistics.
18 Nov 2016
UPS on Friday broke ground on the expansion of its Columbus, Ohio, hub, the latest effort in a global facility expansion and modernization drive necessitated by the e-commerce boom.
08 Nov 2016
UPS’s acquisition of Marken, a third-party logistics provider specializing in health care, will bolster UPS’s pharmaceutical logistics services.
27 Oct 2016
As e-commerce volumes rise, UPS is adding more capacity.
12 Oct 2016
Shorter fulfillment cycles are pushing UPS to expand its fastest package and freight services to new countries.
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