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FedEx slashes two-day air prices to match ground rates to fill its planes – Marketwatch

By on June 24, 2019 in Industry News
FedEx Corp. is offering big discounts to woo online merchants to its air network as it seeks to refashion a delivery system ill-equipped for the rise of e-commerce.
The shipping giant, which is ending an air-shipping contract with Amazon.com Inc. later this month, is cutting prices for some customers of its Express network, according to people familiar with the matter. That includes offering guaranteed two-day air service for the same price as shipping items through its Ground division, the people said.
The deals are being given to try to win over shippers from FedEx rival United Parcel Service Inc. and to get them to switch from what has historically been a lower-price shipping option in FedEx Ground, these people said.

Despite talk of budding rivalry, Amazon and UPS may find they’re stuck with each other – Freightwaves

By on June 20, 2019 in Industry News, UPS News

For all its symbolism, FedEx Corp.’s (NYSE:FDX) June 7 announcement that it would not renew its U.S. air delivery contract with Amazon.com, Inc. (NASDAQ:AMZN) was relatively small potatoes. The decision only affects $150 to $200 million in annual revenue for Memphis-based FedEx, whose fiscal year 2019 top-line will approach, if not exceed, $70 billion.

The real story, instead, may percolate some 400 miles to the southeast in Atlanta, home of UPS Inc. (NYSE:UPS). Unlike FedEx, which had little to lose by dumping the domestic flying portion of its Amazon business, UPS has much more at stake. Amazon tendered 397 million parcels to UPS last year, the vast majority of which were delivered by UPS’ ground network, according to data from ShipMatrix, Inc., a consultancy. By some estimates, Amazon accounts for 5 to 8 percent of UPS’ $72 billion in annual revenue, compared with 1.3 percent for FedEx prior to its recent move. UPS is more deeply involved in e-commerce than is its rival, elevating the importance of its arrangement with Seattle-based Amazon, which, depending on the source of the data, has around a 40 to 50 percent share of U.S. e-commerce.

UPS warns training regulations will hurt its long-haul driver hiring – Freightwaves

By on June 20, 2019 in UPS News

Entry-level driver training regulations going into force in 2020 will make it difficult for UPS to keep up with new driver demand, according to company documents.

UPS, one of the nation’s largest less-than-truckload (LTL) freight carriers with over 20,000 long-haul trucks, has applied for an exemption from two requirements of the entry-level driver training (ELDT) final rule being administered by the Federal Motor Carrier Safety Administration (FMCSA).

The ELDT rule, which goes into effect on February 7, 2020, requires behind-the-wheel and theory driver training instructors have two years’ experience and have held a commercial driver’s license (CDL) for two years.

‘Hero is not a word I would use,’ says UPS driver who ran into burning building – WCVB 5

By on June 19, 2019 in UPS News

A UPS driver who dashed into a burning building and saved residents who were inside is speaking out about the rescue.

“I don’t even know. I just made sure the truck was parked safely and just sprinted over and just was ready, made sure everybody was alright,” Scott MacPherson said.

MacPherson was driving his UPS truck on Old Morton Street in Boston on Saturday. When he encountered eight houses on fire, he did not hesitate.