Postal

FedEx's e-commerce delivery division announced last week that it expects lower volume forecasts as customers ship fewer packages during the holiday season. Reuters obtained an internal memo to 6,000 independent contractors who handle the delivery and trucking for FedEx Ground in the U.S., which says the company expects" downward adjustments to volume forecasts. "These changes…

UPS workers are demanding higher pay for tough working conditions, leading up to a contract negotiation next spring before the existing one is set to expire, creating the threat of a strike. A UPS strike isn't without precedent: UPS workers organized a nationwide strike in August of 1997, culminating in $780 million in losses for…

The U.S. Postal Service is planning on raising parcel rates this holiday season, with some package rates increasing by as much as $6. The rate increase will affect Priority Mail Express, Priority Mail, First-Class Package Service, Parcel Select and USPS Retail Ground from Oct. 2, 2022 through January 22, 2023...

To compete with private shipping companies like FedEx and UPS, the U.S. Postal Service has to adapt to the times and create new programs that appeal to shippers, namely small businesses that focus on e-commerce. Its latest effort is an ambitious new service called USPS Connect, which offers various perks geared toward small businesses...

Yesterday, Congress passed legislation that will ensure six-day-per-week mail delivery and save the U.S. Postal Service a reported $50 billion over the next decade. It's now being sent to President Biden's desk for final signature. The House approved the bill last month 342-92 in a show of bipartisanship...

Maersk CEO Soren Skou told Bloomberg last week that he believes the shipping crisis, wreaking havoc in international trade across the world, may return to normal in the coming months. In the interview, Skou said that the shipping backlogs will begin to let up in the second half of the year, easing some of the…

The bill — which reportedly would save the USPS $50 billion over the next decade — also has the backing of some 200 organizations.

December was a real bear for the U.S. Postal Service, with businesses and gift-givers nervous that high volume, combined with existing issues within the USPS as a result of the pandemic, would spoil the holiday season. However, the USPS just announced that 96.9% of its shipments were on time. UPS and FedEx announced similar successes...

A record 44 container ships are currently waiting to access the ports of Los Angeles and Long Beach. The combination of labor shortages, COVID shutdowns at international ports and the holiday season rise in demand has created a perfect storm of shipping issues...

The USPS finalized a deal to slow down first-class mail, effective Oct. 1. At the same time, UPS announced that it anticipates peak season volume to exceed capacity by approximately 5 million pieces per day, advising customers to shift their own shipping timelines...