1. Details Emerge on Amazon Shipping At their annual conference for sellers, Amazon execs shed light on a few previously unknown pricing details for Amazon Shipping, their new shipping service that offers pickup for the first time. According to Ripley MacDonald VP of...
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9/11/23 Parcel News Update
1. FedEx Releases 2024 GRI After previewing a 5.9% GRI, FedEx released the full details of their 2024 rate increases last week. According to Sifted VP of Data of Insights Kevin Miller, most increases seem relatively “normal,” but FedEx continues to target large...
9/5/23 Parcel News Update
1. FedEx Announces Peak Season “Demand” Surcharges FedEx has announced their Peak Season Surcharges for 2023, and followed the lead of rival UPS by rebranding “Peak” as “Demand” Surcharges. According to FedEx, Demand Surcharges are “determined for each market based on...
8/28/23 Parcel News Update
1. UPS Teamsters Ratify National Master Agreement Rank-and-file UPS workers represented by the Teamsters union voted to ratify their new five-year agreement with the carrier, officially ending any fears of a strike. 86.3% voted in favor of the new agreement, a margin...
8/21/23 Parcel News Update
1. Amazon launching shipping service that offers pickups, no residential delivery fee Amazon is launching Amazon Shipping, a delivery service that's launch was paused during the pandemic due to massive volume surges. The service provides delivery in 2-5 days...
8/14/23 Parcel News Update
1. Full-Year Earnings Outlook Lowered for UPS UPS lowered its expectations for full-year revenue to $93 billion, down $4 billion from their Q1 projections. Operating margins have dropped as well as they account for new costs from their tentative Teamsters agreement....
7/31/23 Parcel News Update
1. Teamsters and UPS Reach Tentative Agreement Within hours of returning to negotiations, UPS and the Teamsters both shared that a tentative agreement had been reached. A strike that would’ve began tomorrow, August 1 has been avoided. Negotiations broke down in early...
7/24/23 Monday Parcel News Update
1. UPS and Teamsters Returning to the Negotiation Table After a two-week hiatus in negotiations, UPS and the Teamsters union shared last week that they would return to the negotiating table. Both sides shared that they were working on plans to return to the table this...
7/17/23 Monday Parcel News Update
1. UPS Begins “Business Continuity” Training With the July 31 deadline for a new agreement with the Teamsters approaching, UPS has shared that they’ll soon begin training of non-union employees that “would help them safely serve our customers if there is a labor...
7/10/23 Monday Parcel News Update
1. Part-Time Pay a Top Disagreement Between UPS and Teamsters Teamsters President Sean O’Brien joined CNN for an interview last week, where he shared that part-time pay is the key point of disagreement between the union and UPS and what caused negotiations to stall....