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UPS

By Jeff Berman · December 7, 2017
A new delivery service offering from Amazon, entitled Seller Flex, that received a lot of attention when various reports were published about it in early October could prove to be a major competitive advantage for the e-commerce bellwether in terms of how it negotiates rates with the parcel duopoly of FedEx and UPS, coupled with being able to pull data from warehouses to examine delivery times, performance standards, and costs for a transaction. That is the thesis from James Thomson, a former Amazon executive and now a partner for Buy Box Experts, an Amazon consultancy firm, and author of the book, “The Amazon Marketplace Dilemma.”
By Jeff Berman · November 7, 2017
In another sign of the increasing relevance of blockchain technology on freight transportation and logistics, UPS said today it has become a member of the Blockchain in Trucking Alliance, which is a forum for the development of blockchain technology standards and education for the freight sector.
By Jeff Berman · November 3, 2017
Last week’s UPS third quarter earnings call was as busy as it gets in many ways. Not only did the transportation and logistics bellwether talk about its quarterly results, which were very strong to be sure, it also talked about its planned 2018 rate increases, a recent acquisition, and, not to be overlooked, its Peak Season preparation.
By Jeff Berman · October 26, 2017
Big Brown said that effective December 24, 2017, rates for UPS Ground, UPS Air and international services, and UPS Air Freight rates within and between the U.S., Canada, and Puerto Rico will head up by an average net of 4.9%.
By Jeff Berman · October 26, 2017
Third quarter earnings results issued today by Atlanta-based UPS were solid despite challenges posed during the quarter as a result of multiple hurricanes and other natural disasters. Revenue for the quarter was up 7% annually to $15.798 billion, with earnings per share up 1 cent to $1.45, meeting Wall Street expectations. Operating profit, at $2.035 billion, was up slightly over last year’s $2.034 billion.
By Jeff Berman · October 19, 2017
In early October, UPS said it was in contract talks with the International Brotherhood of Teamsters (IBT) on new collective bargaining agreements. And yesterday the Teamsters National Negotiating Committee met to set the bargaining agreements to “fight for the contract we deserve.”
By Jeff Berman · October 10, 2017
UPS and the IBT are currently working on a five-year contract that is set to expire on July 31, 2018. The organizations have has contractual relationships going back to the 1930s.
By Jeff Berman · October 5, 2017
Global e-commerce powerhouse Amazon is hard at work on a new delivery service offering that is geared towards making more products available for free two-day delivery while helping to relieve overcrowded warehouses, a Bloomberg report stated today. Citing two people “familiar with the plan,” Bloomberg said that this initiative will drive Amazon more deeply into services typically handled for the Seattle-based company by UPS and FedEx.
By Jeff Berman · October 4, 2017
Global freight transportation and logistics titan UPS and Polonez Parcel Service, a consumer-to-consumer consolidate shipping service into Poland and other countries, said today that they have teamed up in an agreement that enables United States-based Polonez Parcel Service customers the ability to leverage “an easy parcel drop-off point” through the more than 8,700 UPS Access Points, which includes 5,000 The UPS Store locations.
By Jeff Berman · September 28, 2017
This JV will focus on developing and providing international delivery services from China to the United States at first and subsequently to other trade lanes, as well as enable UPS and SF to leverage their complimentary networks, service portfolios, technologies, and logistics expertise
By Jeff Berman · August 9, 2017
UPS this week introduced a new online offering-set to debut on August 14 in the United States and August 28 in 43 other countries-that enables e-commerce merchants to customize return shipments according to their policy.
By Jeff Berman · August 7, 2017
With a focus on providing customers and shippers in more than 200 markets and 150 currencies the ability to leverage a secure, digital platform to conduct and perform B2B (business-to-business) transactions protected by licensed escrow, UPS Capital, a financial services subsidiary of UPS, announced a new offering today through a collaboration with cross-border payments company Payoneer.
By Jeff Berman · August 4, 2017
Like its biggest competitor, UPS, did in June, FedEx yesterday rolled out a peak, or holiday season, surcharge. FedEx said that it will not apply residential Holiday Season surcharges, save for packages that need additional handling, are oversized, or unauthorized.
By Jeff Berman · August 2, 2017
Pricing and adjusting networks to meet expected volume gains are key for the duopoly.
By Jeff Berman · July 27, 2017
Quarterly revenue for the Atlanta-based transportation and logistics bellwether at $15.7 billion was up 7.7% annually, and earnings per share at $1.58 was up 11% compared to last year and ahead of Wall Street estimates of $1.46. Operating profit was up 8.7% at $2.2 billion.

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