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FedEx, UPS Can’t Get Enough Vans to Keep Up With Delivery Rush – MSN

FedEx Corp. and United Parcel Service Inc. are running into a shortage of delivery vans during a record surge in package volumes.

Urged by the couriers to purchase any vans they can scrounge up, leasing companies are dipping into the used market. Added demand in the rental market “is creating shortages,” a UPS spokesman said by email. FedEx is even paying a stipend to its contractors to offset the extra cost of renting.

“If there’s a cargo van out there, we’re trying to buy it,” said Brendan Keegan, chief executive officer of Merchants Fleet, which provides vehicles to package delivery companies. It expects to have 15,000 vans out for lease at year-end, up from 6,000 a year earlier.

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Retailers already fear U.S. holiday ‘shipageddon’; now here come vaccines – Reuters

Deliveries of holiday gifts purchased online at major retailers could get delayed by something far more critical – COVID-19 vaccines.

Pharmaceutical companies including Pfizer and Moderna as early as mid-December could begin sending inoculations to U.S. healthcare workers and nursing home residents.

FedEx and United Parcel Service could make space for those shipments on cargo planes by bumping off packages from Amazon.com, Walmart, Target and other retailers.

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Industry News UPS News

FBI Investigating Armed Robberies of FedEx, UPS Trucks in DC Area – NBC Washington

The FBI is investigating a string of armed carjackings and robberies of FedEx and UPS trucks in D.C. and Prince George’s County, Maryland, over the past 10 days.

The FBI is looking for two people believed responsible for two carjackings and three armed robberies between Nov. 10 and Nov. 17.

D.C. police told News4 in one case the thieves told the delivery driver they were looking for the popular Sony PlayStation 5.

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Logistics expert: Vaccine distribution could mean ‘chaos’ for UPS and other carriers during holiday season – Atlanta Business Chronicle

The U.S. may get a COVID-19 vaccine for Christmas. And that could mean an even more taxing holiday season than usual for UPS.

With encouraging preliminary results from human trials for vaccines developed by Pfizer and Moderna, pharmaceutical companies, government agencies and logistics giants, including Atlanta-based United Parcel Service Inc. (NYSE: UPS), are preparing to execute a complex distribution plan in the shipping world’s busiest season.

Dr. Anthony Fauci, the nation’s top infectious disease doctor, said he expects the first COVID-19 vaccinations to begin “towards the latter part of December.

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Industry News UPS News

FedEx, UPS Prepare For Holiday Shopping Surge And Potential Delivery Delays – Huffpost

Retailers and carriers are preparing for an online holiday shopping surge that could tax shipping networks and lead to delivery delays.

FedEx and UPS are ramping up their holiday hiring while expanding their weekend operations and asking retailers to use their shipping network when there is more slack. And stores are pushing shoppers to buy early and are expanding services like curbside pickup to minimize the need for delivery.

For the last few years, many retailers had been using their own physical stores, in addition to their distribution centers, to fulfill online orders. But now they are designating some of those stores to handle even higher volumes. Best Buy, for example, converted space in 250 of its 1,000 stores this fall to manage online orders.