Parcel Freight

Brian Dykes named UPS chief financial officer

UPS announced the appointment of Brian Dykes as executive vice president and chief financial officer on Tuesday.

Dykes will begin his new role immediately, according to a news release from the Atlanta-headquartered company. He will also lead UPS’ global finance organization, which includes planning, treasury, tax, financial reporting, financial operations and investor relations.

Dykes, 46, has spent over 25 years at UPS. He most recently served as senior vice president for global finance and...

https://www.freightwaves.com/news/brian-dykes-named-ups-chief-financial-officer

UPS plans to close Baltimore facility, lay off 540 workers

A Baltimore UPS customer center is planning to close in August, according to a Maryland state filing. The move will affect hundreds of workers.

A UPS (NYSE: UPS) on Vero Road will shutter Aug. 23, resulting in the layoffs of 540 employees, according to a Work Adjustment and Retraining Notification filed June 20 with the Maryland Department of Labor. The same UPS location laid off 118 employees in March.

A representative from UPS sent this statement to FreightWaves, “As a part of our Network of...

https://www.freightwaves.com/news/ups-plans-to-close-baltimore-facility-lay-off-540-workers

Delivered buys $100K in assets from defunct Point Pickup Technologies

Strongsville, Ohio-based parcel shipping company Delivered recently agreed to purchase virtually all assets from Point Pickup Technologies, months after the company closed due to bankruptcy.

According to an acquisition agreement approved by a Miami-Dade County Circuit Court judge on June 10, Stamford, Connecticut-based Point Pickup Technologies agreed to sell $100,000 in company assets to Delivered. The assets include all customer lists, software and transferable permits, most books and records,...

https://www.freightwaves.com/news/delivered-buys-100k-in-assets-from-defunct-point-pickup-technologies

Postal Service cautions pet owners, promotes dog bite awareness

The U.S. Postal Service’s 2024 National Dog Bite Awareness Campaign is underway, offering information on how dog owners can help ensure safe mail delivery and enhance employee safety.

The campaign – “Don’t let your dog bite the hand that serves you” – started on Sunday and runs through this Sunday. According to a Postal Service news release, incidents involving dog attacks on postal employees rose to more than 5,800 last year.

“Letter carriers are exposed to potential hazards every day, none more...

https://www.freightwaves.com/news/postal-service-cautions-pet-owners-promotes-dog-bite-awareness

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 exiting cargo partnership with Atlas Air

Atlas Air will stop flying freighter aircraft for Amazon in the online retailer’s parcel network over the next year, and 25 aircraft controlled by Amazon will gradually be relocated to other operators, according to company pilots who posted about the changes in chat rooms and one who spoke with FreightWaves.

The decision to discontinue flight operations appears to have been initiated by Amazon (NASDAQ: AMZN). Where the Amazon-branded planes will end up is unknown, although it is now clear a...

https://www.freightwaves.com/news/amazon-exiting-cargo-partnership-with-atlas-air

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

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