Two months after a similar move by FedEx, UPS has announced changes to its dimensional weight pricing schedule. FedEx plans to decrease its DIM divisor from 166 to 139 as of Jan. 2, effectively increasing the shipping costs on millions of e-commerce parcels. UPS is also lowering its divisor to 139 as of Jan. 8, but is exempting domestic air and ground parcels that are less than one cubic foot (1,728 cubic inches).
Carriers are widely viewed as having an easy task: pick up and deliver on time. Piece of cake, right? Wrong. During the next few minutes of reading you will learn not only the challenges carriers face behind the scenes, but also what they aren't telling you that can reduce your transportation and distribution costs!
Businesses that transport their goods via the highways, railways or the airways are likely to see an expansion of the nation's infrastructure. That's good news not just for companies that want to move their products in the most efficient manner possible. It may also be good news for a subset of the coal sector that produces so-called metallurgical coal for steelmaking.
UPS said it will add four weekly flights to San Bernardino International Airport (SBD) during its peak-season rush to accommodate a seasonal surge in package shipments, which grows each year as e-commerce changes the logistics side of Christmas shopping. The Atlanta-based integrator will operate 757 freighters from SBD to its Louisville, Kentucky, hub this December.
More than a quarter of all goods traded between the UK and Europe, worth around £91.4bn ($113.82bn) a year, come through the Channel Tunnel, a report has found. In its report, "Economic Footprint of the Channel Tunnel Fixed Link," Ernst & Young found that 30 percent of UK exports, worth £43.6bn ($54.3bn), and 22 percent of imports, worth £47.8bn ($59.53bn), to and from the EU depend on the tunnel.
Pitney Bowes, a global commerce technology company, says parcel shipping volume will grow at an annual rate of 5 to 7 percent through 2018, with cross border shipping leading the way, according to the company's Parcel Shipping Index annual report.
Both UPS and rival carrier FedEx have announced e-commerce partnership as they head into the busy holiday shopping season that kicks off with Cyber Weekend.
South Korea's Korea Line Corp was picked as the preferred bidder to buy troubled shipping company Hanjin Shipping Asia-U.S. operations, beating Hyundai Merchant Marine, a spokesman for a Seoul court overseeing Hanjin Shipping's receivership said last week.
The latest news, analysis, services and systems regarding transportation and distribution and their impact on global supply chains. Today’s companies are shipping and delivering perishables and manufactured goods faster and farther around the world than ever before through transportation and distribution solutions. New technologies that provide information during local and global shipments via air, ground and sea are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using transportation and distribution solutions to power their supply chains.
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