Parcel

FedEx expands no-box, no-label returns program

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The FedEx program will accept unboxed, unlabeled returns, then consolidate returned items and ship...

https://www.freightwaves.com/news/fedex-expands-no-box-no-label-returns-program

Parcel carriers post strong early holiday delivery performance, consultancy says

The major parcel-delivery carriers reported high on-time performance rates through November, which included Black Friday and Cyber Monday when holiday shopping spikes, consultancy ShipMatrix said Thursday.

In its survey, ShipMatrix said the three major carriers — FedEx Corp., (NYSE: FDX), UPS Inc. (NYSE: UPS) and the U.S. Postal Service — performed better this early holiday period than in 2021, when online demand was higher, capacity was tighter and FedEx’s ground delivery unit, FedEx Ground,...

https://www.freightwaves.com/news/parcel-carriers-post-strong-early-holiday-delivery-performance-consultancy-says

Can FedEx dig Ground Economy out of a hole?

FedEx Corp.’s ground delivery unit, FedEx Ground, spent several years shifting last-mile delivery traffic from a long-standing partnership with the U.S. Postal Service to its own network. The idea was to increase parcel density at FedEx Ground’s business-to-consumer infrastructure and to set the stage for what would become a seven-day-a-week delivery service.

Things have not gone according to plan. FedEx Ground, which completed the project in March 2021, underestimated the expense of bringing...

https://www.freightwaves.com/news/can-fedex-dig-ground-economy-out-of-a-hole

In the parcel industry, 2023 looks like revenge of the shipper

It has been a difficult three years for parcel shippers. Base rates and accessorial charges have spiked to record levels. They’ve been told in blunt and public terms to pay up or pound sand. Many saw their volumes capped during the past two peak seasons. They’ve lost their money-back guarantees on everything but the parcel carriers’ most expensive services. It’s doubtful that guarantees will ever be restored across the board. 

But the worm appears to be turning as 2023 nears. Shippers are...

https://www.freightwaves.com/news/in-the-parcel-industry-2023-looks-like-revenge-of-the-shipper

UPS to maintain money-back guarantees for peak air service

UPS Inc. said that it will maintain its money-back guarantees for peak-season deliveries of next-day air shipments in domestic and international commerce.

UPS’ move, disclosed on Monday, runs counter to a decision earlier this month by rival FedEx Corp. (NYSE: FDX) to suspend money-back guarantees for peak-season deliveries of air express shipments within the U.S. and for export from the country. The FedEx suspension runs from Dec. 13 to Jan. 2. 

At the time of the FedEx announcement, UPS (NYSE:...

https://www.freightwaves.com/news/ups-to-maintain-money-back-guarantees-for-peak-air-service

UPS hikes 2023 SurePost rates by 6.9%

UPS Inc. has raised its 2023 rates by 6.9% on its SurePost product, a last-mile delivery program it manages in conjunction with the U.S. Postal Service.

The increase, which takes effect Dec. 27, matches the 6.9% across-the-board general rate increase that UPS (NYSE: UPS) announced last month. It also matches the 6.9% increase that rival FedEx Corp. (NYSE: FDX) imposed on its Ground Economy product., which targets the same customer base as SurePost. That increase takes effect Jan. 2.

The FedEx...

https://www.freightwaves.com/news/ups-hikes-2023-surepost-rates-by-69

Postal Service completes install of package-sorting machines

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The U.S. Postal Service said Monday it has completed a near two-year project to install 249 package...

https://www.freightwaves.com/news/postal-service-completes-install-of-package-sorting-machines

LaserShip, OnTrac open regional sort hub in New Jersey

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Regional parcel delivery carriers LaserShip and OnTrac, a combined entity which earlier this year...

https://www.freightwaves.com/news/lasership-ontrac-open-regional-sort-hub-in-new-jersey

UPS hikes international jet fuel levies even as prices fall

UPS Inc.’s international air shippers are about to see an increase in their jet fuel surcharges even though the price of fuel has dropped dramatically in the past couple of weeks.

Effective Dec. 5, UPS (NYSE: UPS) will increase fuel surcharges by 150 basis points, or 1.5%, on its U.S. air import and export services, which are composed of nine products. The increases, disclosed on UPS’ website, will be based on Gulf Coast jet fuel prices set by the U.S. Energy Information Administration (EIA) for...

https://www.freightwaves.com/news/ups-hikes-international-jet-fuel-levies-even-as-prices-fall

FedEx Ground delivery contractor trade group disbands

A trade association formed in August to represent the interests of driver contractors at parcel delivery firm FedEx Ground disbanded on Friday amid allegations by the group’s founder that the FedEx Corp. unit threatened to strip its leaders of their contracts if they kept the group alive.

In a statement distributed Thursday night, the 10-member leadership committee of the Trade Association for Logistics Professionals (TALP) said the group was not the “appropriate vehicle” to promote effective...

https://www.freightwaves.com/news/fedex-ground-delivery-contractor-trade-group-disbands

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