Modern Shipper

Stord acquires ProPack Logistics, expands North American footprint

Fulfillment provider Stord announced recently it has acquired ProPack Logistics to strengthen its temperature-controlled and last-mile shipping services to its omnichannel brands. Terms of the deal were not disclosed.

“ProPack’s 30 years of experience bolsters our own, making Stord a clear front-runner for any brand requiring the added complexity of temperature-controlled storage and transportation,” co-founder and CEO Sean Henry told FreightWaves. 

“Stord is already an emerging leader in...

https://www.freightwaves.com/news/stord-acquires-propack-logistics-expands-north-american-footprint

UPS plans to hire 300 pilots to support Postal Service contract

UPS is looking to hire more than 300 pilots to support an anticipated increase in air cargo demand driven by a new multi-year contract from the U.S. Postal Service, according to the union representing the company’s air crews.

“The Independent Pilots Association Executive Board was informed that UPS HR is resuming their pilot hiring process to account for the additional volume surge that will occur as the year progresses,” the union said in a statement shared with FreightWaves. “The initial...

https://www.freightwaves.com/news/ups-plans-to-hire-300-pilots-to-support-postal-service-contract

Postal Service’s air cargo shift to UPS makes everyone a winner 

The U.S. Postal Service’s decision this week not to renew a contract with FedEx, worth more than $1.5 billion per year, for domestic air transport and award it to UPS after more than two decades actually benefits all three parties, according to industry analysts. 

At face value, the arrangement seems a blow for FedEx (NYSE: FDX), which will lose one its biggest customers when the existing contract expires on Sept. 29. And it raises questions about how UPS (NYSE: UPS) can make a decent profit...

https://www.freightwaves.com/news/postal-services-air-cargo-shift-to-ups-makes-everyone-a-winner

Blue Yonder to acquire One Network for $839M

Supply chain solutions provider Blue Yonder announced Friday it has signed an agreement to acquire One Network Enterprises and its AI platforms that provide end-to-end supply chain visibility, planning tools, order fulfillment and payment solutions to manage supplier and carrier resources.

The deal comes in at approximately $839 million and is contingent on the fulfillment of standard requirements including regulatory approval. Blue Yonder expects it to close in Q2 or Q3 this year.

“Blue Yonder...

https://www.freightwaves.com/news/blue-yonder-to-acquire-one-network-for-839m

FedEx initiates targeted layoffs; UPS sheds workers at Ontario airport 

FedEx Corp. is laying off an undisclosed number of workers across the organization, despite posting stronger-than-expected quarterly results last week, as the company strives to hit targets for right-sizing the company. Meanwhile, parcel delivery rival UPS (NYSE: UPS) will eliminate more than 300 positions at its regional air hub in Ontario, California, because of slower volume.

In an unrelated move, FedEx Supply Chain Solutions said it plans to release more than 300 workers at a Georgia...

https://www.freightwaves.com/news/fedex-initiates-targeted-layoffs-ups-shed-workers-at-ontario-airport

FreightTech Friday: Dock scheduling provider focuses on end-user experience

Prioritizing driver experience in dock scheduling tools

Investment in dock scheduling software has recently gained significant traction, with market projections indicating an annual growth rate of 11.34% until 2029, culminating in a $10.2 billion market.

In a recent interview with FreightWaves, dock scheduling and yard management software provider C3 Solutions spoke on this burgeoning market. The company highlighted a greater potential return on these technology investments — particularly...

https://www.freightwaves.com/news/freighttech-friday-dock-scheduling-provider-focuses-on-end-user-experience

Wisconsin court affirms Amazon Flex drivers were not independent contractors

A group of Amazon drivers who are part of the company’s Flex program have been affirmed by Wisconsin’s Supreme Court to be employees rather than independent contractors.

The state’s highest court on Wednesday declined to review an appeals court decision from last April that overturned a lower court decision.

A court in Waukesha County had ruled in favor of Amazon (NYSE: AMZN), which argued that its Flex drivers were independent contractors under state regulations. The Court of Appeals for...

https://www.freightwaves.com/news/wisconsin-court-affirms-amazon-flex-drivers-were-not-independent-contractors

UPS to close 200 sort centers in modernization push

UPS says a projected rebound in parcel demand combined with an aggressive strategy for network consolidation and automation to reduce excess capacity and labor costs will drive double-digit profit margins by 2026. Up to 200 facilities are slated for closure over a five-year period.

The optimization plan, code-named Network of the Future, is expected to save $3 billion per year by 2028 through better productivity, according to a new strategic framework outlined by management on Tuesday. The...

https://www.freightwaves.com/news/ups-to-close-200-sort-centers-in-modernization-push

Uber Freight extends Powerloop drop-and-hook network nationally

LOUISVILLE, Ky. — Managed transportation provider Uber Freight announced Wednesday at the Mid-America Trucking Show that it has expanded its drop-and-hook solution Powerloop nationally and enhanced its load bundling options, and that it’s utilizing new trailer technology to help shippers fight fraud.

Powerloop, first introduced in 2018, enables Uber Freight’s shippers to access over 1,000 dry van...

https://www.freightwaves.com/news/uber-freight-extends-powerloop-drop-and-hook-network-nationally

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

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