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Results Filtered by: Breaking News

4/24/23 Monday Parcel News Update

1. UPS and Teamsters Negotiations Begin in Washington D.C. On Monday, April 17, the Teamsters Union and UPS began negotiations on a new collective bargaining agreement in Washington D.C., though talks on a national contract are yet to occur. The week before, the Union...

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4/17/23 Monday Parcel News Update

1. Teamsters Tells UPS Regional Contracts Need Completed Before National Negotiations Will Begin Negotiations between the Teamsters union and UPS on a national contract agreement were scheduled to begin today, April 17. Last week, the union notified UPS that they...

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4/10/23 Monday Parcel News Update

1. Targeting Cost Cuts, FedEx Merges Express and Ground Seeking $4 Billion in cost reductions as part of their Network 2.0 plan, FedEx announced last week they will merge FedEx Ground and FedEx Express into one operating company. FedEx had operated the Express unit...

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4/3/23 Monday Parcel News Update

1. Pitney Bowes Parcel Shipping Index Diagnoses Trends 2022 saw parcel shipping volumes normalize closer to pre-pandemic levels. Pitney Bowes’ recently released Parcel Shipping Index outlines the extent of volume declines, and how different carriers are faring. Key...

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3/27/23 Monday Parcel News Update

1. FedEx Pilot Warns Time Is Running Out Capt. Chris Norman, FedEx pilot and Chair of the Air Line Pilots Association’s FedEx group, gave insight to the pilots union’s negotiations with the carrier in this opinion piece delivered to Supply Chain Dive. Norman shared...

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3/20/23 Monday Parcel News Update

1. Despite Volume Normalization, FedEx Raises Earnings Outlook On an earnings call last Thursday, FedEx raised their earnings outlook for the remainder of 2023, despite declining volumes and revenue. While earnings declined for the second consecutive quarter, FedEx...

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3/20/23 Monday Parcel News Update

1. Despite Volume Normalization, FedEx Raises Earnings Outlook On an earnings call last Thursday, FedEx raised their earnings outlook for the remainder of 2023, despite declining volumes and revenue. While earnings declined for the second consecutive quarter, FedEx...

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3/13/23 Monday Parcel News Update

1. Amazon Air Shifting To Model Similar to FedEx and UPS According to a report from the Chaddick Institute for Metropolitan Development, Amazon has increased flights at its larger hubs at a faster rate than other locations. In recent years, many thought Amazon Air was...

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3/6/23 Monday Parcel News Update

1. FedEx Urges Customers To Shift Volume From UPS Ahead of Potential Labor Strikes In a letter to various UPS shippers, FedEx gave notice that any shipping volume currently committed to UPS that is moved to FedEx before March 31 is guaranteed to receive high-priority...

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