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On May 18, FedEx and Microsoft announced that they are joining forces to transform commerce. It is the kind of announcement I have been looking forward to and expecting for some time because of Microsoft’s share of the market for desktop operating systems.
It is also the kind of announcement that gives us an idea of where innovation in the supply chain may be...
Amazon’s announcement that it will lease 12 all-cargo aircraft from a key contract carrier demonstrates how the online retail and logistics giant has created a formidable private airline in the span of four years to keep up with the enormous growth of e-commerce.
The additional Boeing 767 freighters will expand Amazon’s (NASDAQ: AMZN) fleet beyond 80 aircraft by the end of 2021, and a new report from researchers at DePaul University in Chicago estimates Amazon Air could have about 200 aircraft...
https://s29755.pcdn.co/news/analysis-amazon-air-and-atsg-grow-together
The coronavirus pandemic has pummeled the world economy, sparked record unemployment claims, stolen thousands of human lives and disrupted the way people live and work. It has also thrown the logistics industry for a loop, putting unprecedented pressure on essential goods suppliers and halting nonessential businesses in their tracks.
Now, states have loosened lockdowns, businesses have reopened and volume has come back into the market. As people try to create something akin to a new normal,...
https://s29755.pcdn.co/news/pandemic-highlights-how-tech-improvements-propel-companies-forward
Less than two weeks after UPS posted surcharges on all types of delivery, FedEx has followed suit.
In a late announcement on June 3, FedEx rolled out several different types of surcharges, depending on the type of shipment. The surcharges go into effect on Monday, June 8.
A temporary surcharge of 40 cents per package was put on FedEx SmartPost packages. FedEx SmartPost is what is known as “postal injection,” wherein FedEx has the U.S. Postal Service (USPS) make the final delivery. “FedEx...
https://s29755.pcdn.co/news/fedex-puts-surcharges-on-several-types-of-packages
This morning Transplace announced the acquisition of ScanData, a parcel managed transportation platform that optimizes 400 million parcel shipments worth more than $2 billion annually. Transplace manages $9 billion of freight in its network of shippers and carriers, offering technology solutions including process automation, visibility and network execution as well as value-added services including truck brokerage and intermodal.
Craftsman Capital Partners was the seller in the deal; financial...
According to a report in German newspaper Handelsblatt Today, FedEx Corp. (NYSE: FDX) is pursuing an ownership stake in German parcel company Hermes.
The article identified the Memphis-based transportation and logistics giant as the likely suitor to partner with Hermes to expand the company’s parcel distribution service, but listed Amazon.com (NASDAQ: AMZN) and the logistics arm of Alibaba Group (NYSE: BABA) as interested parties.
Hermes competes in major European markets in Germany, France and...
https://s29755.pcdn.co/news/fedex-named-as-suitor-for-german-parcel-company
For more than 20 years, FedEx Corp. (NYSE:FDX) has operated its U.S. air and ground networks as separate entities. On February 7, the firewall cracked, albeit modestly.
The Memphis-based giant said that its FedEx Express unit, which handles time-definite shipments typically moving by air, will contract with its FedEx Ground unit to deliver residential parcels as long as they meet specific operating criteria. The service launched in Greensboro, North Carolina, with additional U.S. markets...
https://s29755.pcdn.co/news/fedex-eases-up-on-firewall-separating-air-and-ground-units
As expected, Amazon’s newest air hub will be in San Bernardino, California, where feeder aircraft from various cities and trucks from nearby warehouses will arrive with packages to be sorted and redistributed nationwide on outbound airplanes.
The San Bernardino International Airport authority made the announcement Friday, confirming what had been an open secret about who would occupy a 700,000-square foot campus with additional space for 14 all-cargo aircraft.
Developer Hillwood Enterprises began...
https://s29755.pcdn.co/news/amazon-air-picks-san-bernardino-airport-for-western-hub
U.S. Postal Service (USPS) losses continued to mount with a $4.5 billion loss reported on May 8 for the latest quarter amid warnings from the federal agency that government intervention is needed to avoid a potential service shutdown.
The loss in the agency’s fiscal second quarter (ending March 31) is more than double the $2.1 billion loss in the same period last year.
“We are unable to predict the duration of COVID-19 business closures and the duration of the recession we are currently...
https://www.freightwaves.com/news/u-s-postal-service-loses-4-5-billion-in-latest-quarter
The U.S. Postal Service (USPS) board unanimously selected Louis DeJoy to serve as its 75th Postmaster General, a private-sector pick that feeds speculation that the world’s largest postal organization could be headed for privatization.
DeJoy, a former executive at XPO Logistics [NYSE: XPO], is expected to begin serving in the role on June 15. He replaces Megan Brennan, who announced her plans to retire in October 2019. DeJoy will be the first person from outside USPS to lead the organization...
https://s29755.pcdn.co/news/former-xpo-executive-tapped-to-head-u-s-postal-service