Parcel Freight

DHL Supply Chain announces new CEO for North America

DHL Group announced a key leadership transition in DHL Supply Chain North America on Tuesday, naming Patrick Kelleher North America CEO effective July 1. 

Current CEO Scott Sureddin’s retirement will take effect Dec. 31 after 20 years at DHL Supply Chain.A press release from the company states that Sureddin has been instrumental in the growth of DHL Supply Chain North America, headquartered in Westerville, Ohio.

“Our North America business has achieved incredible growth thanks to the commitment...

https://www.freightwaves.com/news/dhl-supply-chain-announces-new-ceo-for-north-america

Hawaiian Airlines slowly adds freighters for Amazon business

Hawaiian Airlines has commenced operating a second Airbus A330-300 cargo jet for Amazon on a new route between New York’s JFK airport and the retail behemoth’s West Coast air logistics hub in San Bernardino, California, the company reported in quarterly earnings Tuesday.

Under a  transportation services agreement that kicked in last year, Amazon (NASDAQ: AMZN) leases the aircraft from a dealer and transfers them to Hawaiian Airlines (NASDAQ: HA) to fly and provide routine maintenance. Hawaiian,...

https://www.freightwaves.com/news/hawaiian-airlines-slowly-adds-freighters-for-amazon-business

US Postal Service to migrate air cargo to UPS during summer

The U.S. Postal Service plans to shift daily air cargo volumes to UPS before the contract with FedEx expires in September to ensure no service interruption for customers heading into the busy holiday shipping season, the agency and company officials said Tuesday. 

UPS’ (NYSE: UPS) ability to leverage its integrated air-and-ground network and bypass its main sort hub in Louisville, Kentucky, will enable the integrated express carrier to better profit from transporting domestic airmail for the...

https://www.freightwaves.com/news/us-postal-service-to-migrate-air-cargo-to-ups-during-summer

US parcel revenue sees first decline in 7 years, report finds

U.S. parcel revenue has seen the first decline in seven years despite increased parcel volume, according to an annual report from Pitney Bowes.

The U.S. Parcel Shipping Index, released Wednesday by the global shipping and mailing company, highlighted 2023’s shifts in the carrier-competitive landscape and consumer behaviors. U.S. parcel revenue fell 0.03% from $198.4 billion in 2022 to $197.9 billion last year despite a slight parcel volume increase of 0.05% from 21.5 billion in 2022 to 21.7...

https://www.freightwaves.com/news/us-parcel-revenue-sees-first-decline-in-7-years-report-finds

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

UPS wins air cargo contract with Postal Service, replaces FedEx

UPS will replace FedEx as the dominant provider of domestic air cargo for the U.S. Postal Service for the first time in more than 20 years. The express delivery giant on Monday announced that the Postal Service has awarded it a “significant” contract to move the majority of the mail agency’s air cargo in the United States.

The contract will take effect on Sept. 30 and calls for a 5.5-year minimum base term, according to the Postal Service. FedEx’s (NYSE: FDX) contract with the U.S. Postal...

https://www.freightwaves.com/news/ups-wins-air-cargo-contract-with-postal-service-replaces-fedex

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

FedEx posts strong quarterly results

FedEx Corp. late Thursday reported adjusted earnings of $3.86 per diluted share in its fiscal 2024 third quarter, well above analysts’ estimates of $3.45 per share, sending shares up sharply in after-hours trading.

The company (NYSE: FDX) said cost cuts and efficiency improvements offset continued macroeconomic weakness. FedEx Express, the company’s air and international unit posted improved operating results despite lower revenue. FedEx Ground’s operating results increased due to lower...

https://www.freightwaves.com/news/fedex-posts-strong-quarterly-results

Parcel carriers still operating according to 1980s narrative

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.

In many respects, the parcel market of 2024 still looks very much like that of 40 years ago when RPS broke into a practical monopoly of UPS. While transit time is faster for ground service, the service offerings, operational network and technology have largely remained unchanged.

For example, the transit time commitments for overnight express...

https://www.freightwaves.com/news/parcel-carriers-still-operating-according-to-1980s-narrative

Power struggle within FedEx pilots union upsets contract talks

In a surprise maneuver last week, a rebel group of FedEx Express pilots forced union leadership to break off contract negotiations by requesting that federal authorities release the parties from mediation before the company could even respond to its latest counteroffer.

The petition to the National Mediation Board (NMB) went against advice from Air Line Pilots Association staff and the union’s governing body at FedEx’s airline, exposing the extent of union infighting that has continued since a...

https://www.freightwaves.com/news/power-struggle-within-fedex-pilots-union-upsets-contract-talks

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