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Parcel & Express: Page 20

ProMat 2023 in Review: The Latest (and Greatest) in Warehouse Tech

In this epilogue to ProMat 2023, industry experts distill, discuss and deconstruct the latest in warehouse technology trends as seen at ProMat.

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FedEx to Cut Management Jobs by More Than 10%, CEO Says

The slump in parcels is industry-wide, with rival United Parcel Service Inc. reporting on January 31 lower U.S. volumes and a forecast for declining sales in 2023.

Photo: Bloomberg

UPS Prepares for Slowdown in Global Delivery Volumes

UPS has been stressing profitability over volume but the drop in revenue was a surprise.

Ups Old

U.S. Consumer Spending is Falling

Freight carriers are seeing the impact, as the number of big and bulky shipments declines and retail customers continue to pare inventories and push back restocking.

Photo: iStock.com/Antonio_Diaz

UPS Faces Rising Labor Costs, Strike Risk in Upcoming Union Fight

UPS argues that it already pays its workers, especially drivers, much more than competitors.

Sean O’Brien, president of the Teamsters, at the union’s headquarters in Washington, DC, in March 2022. Photo: Bloomberg

Small Package-Delivery Companies Grow as Businesses Seek Alternatives to UPS, FedEx

Regional and other carriers still have less than 10% of the U.S. market, but the share is growing.

Photo: iStock.com/Bet_Noire

City Logistics Planning Is Seeing an Abundance of Innovation

The goods we consume today require complex logistics processes in urban areas. If not planned adequately, they can negatively affect urban sustainability.

Photo: iStock.com/aapsky

U.K.’s Royal Mail Hit By Russia-Linked Ransomware Attack

The situation is highly significant, as Royal Mail is deemed critical to the U.K. economy.

Photo: iStock.com/kaptnali

FedEx to Pare Sunday Deliveries Again as E-Commerce Wanes

The move is the latest step in FedEx’s effort to reduce costs, improve efficiency and deal with a decline of package volume as people return to shopping at retail stores.

Photo: Bloomberg

Amazon Expands Prime Delivery Service to More Web Stores

Amazon for years has worked to expand its e-commerce success beyond its own webstore.

A worker delivers Amazon packages in San Francisco. Photographer: David Paul Morris/Bloomberg

Watch: Parcel Forum '22: Celebrating 20 Years

Any company involved in parcel shipping and delivery needs to be at the 2023 edition of Parcel Forum in Nashville, says Joel Dunkel, president of EventEvolution Management, which produces the trade show.

Joel Dunkel

Watch: The Role of AI in Transforming Last-Mile Delivery

Artificial intelligence has penetrated virtually every aspect of modern life, and last-mile delivery is no exception, says Bart De Muynck, chief industry officer with project 44.

Bart De Muynck (1)

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