FedEx and UPS must adapt to changing parcel landscape 

By Satish Jindel 

(The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.)

For decades, FedEx and UPS essentially functioned as a duopoly in the U.S. parcel delivery market. With few challengers, they made lots of money.

The second-quarter earnings release from UPS on July 23 shocked many investors, resulting in the stock dropping 12% within minutes of the earnings call. The big surprise was that UPS customers are...

https://www.freightwaves.com/news/fedex-and-ups-must-adapt-to-changing-parcel-landscape

Air France-KLM shifts cargo jets from Latin America to Hong Kong

The Air France- KLM Group will redeploy Boeing 747-400 freighter aircraft from Latin America to support the September launch of service between Amsterdam and Hong Kong in response to high shipping demand from e-commerce retailers.

The new service is scheduled to begin on Sept. 19 and be operated by subsidiary Martinair Cargo with a stopover in Dubai, a major crossroad for international trade. It will mark the first time in nine years KLM/Martinair all-cargo aircraft have operated to Hong Kong on...

https://www.freightwaves.com/news/air-france-klm-shifts-cargo-jets-from-latin-america-to-hong-kong

Watchdog sees reverse logistics potential for Postal Service

WASHINGTON — The U.S. Postal Service may have an opportunity to expand its presence in the reverse logistics market and take on 3PLs as well as commercial rivals UPS and FedEx, according to a federal watchdog.

The Postal Service has been increasing its presence in the package returns market since 2018 by introducing services that vary based on speed, volume and shippers’ logistics capabilities.

But a new white paper by the agency’s Office of Inspector General (OIG) titled “Sending It Back:...

https://www.freightwaves.com/news/watchdog-sees-reverse-logistics-potential-for-postal-service

Amazon concentrates parcel freighters at US air hubs, report says

Amazon’s private cargo airline, Amazon Air, took a different approach with its North American and European networks during the past 12 months. It has been streamlining operations in the U.S. by prioritizing larger planes and major hubs, but relying less on hubs in Europe as flight activity decreases, according to a report published Thursday.

The air logistics unit’s meteoric growth has ended after seven years, but the company was able to maintain operating levels at a time when many cargo...

https://www.freightwaves.com/news/amazon-concentrates-parcel-freighters-at-us-air-hubs-report-says