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UPS said Friday it will up peak surcharges for the holiday season, increasing the impact of existing surcharges put in place to temper the outsized growth of e-commerce volume brought on by the coronavirus pandemic. The charges apply to shippers moving at least 25,000 parcels per week. Recently i...Read more »
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SEA Logistic Partners, a logistic facility developer and operator in Southeast Asia, and GLP, the largest warehouse operator in China, are partnering on a joint venture to invest in and buildout logistics infrastructure in Vietnam, the companies announced Thursday. The companies plan an initial i...Read more »
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Ontime logisitcs the lastest news updates,UPS will raise peak surcharges on shipments from mainland China and Hong Kong to the U.S. starting Oct. 25, after it lowered surcharges on Oct. 4. The new surcharges will last until further notice, according to an update from the carrier. A surge in dema...Read more »
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FedEx is partnering with Happy Returns to offer in-person returns at more than 2,000 FedEx Office locations nationwide for Happy Returns’ retail partners, according to an announcement Tuesday. Product returns without a box or label will be possible at most FedEx Office locations starting in...Read more »
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Ontime logistics the news update.FedEx expects that much of the e-commerce volume growth it has seen in the last six months will continue. So, the carrier said it will invest in small, automated, regional sortation facilities with the capacity to sort roughly 12,000 to 15,000 packages per hour. &...Read more »
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Recent announcements about Pfizer/BioNTech, Moderna and AstraZeneca’s COVID-19 vaccine positive results brought the logistics issues to the forefront. Each movement along the supply chain is important, and freight forwarders are the linchpins, ensuring vaccines go door-to-door while maintaining t...Read more »
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Recent announcements about Pfizer/BioNTech, Moderna and AstraZeneca’s COVID-19 vaccine positive results brought the logistics issues to the forefront. Each movement along the supply chain is important, and freight forwarders are the linchpins, ensuring vaccines go door-to-door while maintaining t...Read more »
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FedEx on Wednesday announced that it will acquire ShopRunner, an e-commerce platform that lets shoppers purchase from various sellers and brands. The deal is subject to regulatory approval, but both companies expect the acquisition to close by the end of this year. ShopRunner’s pre-purchase...Read more »
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Federal officials on Thursday laid out a speedy supply chain operation that they say will begin shipping vaccines within 24 hours of an authorization. Vaccines are expected to be available for immunizations within 48 hours after the authorization. “We are just a matter — we believe — of day...Read more »
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Ontime logistics of the latest information saidFedEx and UPS are working closely together on the logistics of vaccine deliveries and have divided up the U.S. by states between the two companies, UPS President of Global Healthcare Wes Wheeler said in his Senate testimony Thursday. FedEx and UPS sa...Read more »
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Freight expenses are cutting into General Mills’ margins, according to its latest earnings report. ”I will tell you that … our logistics network costs have gone up,” in response to high levels of demand, CFO Kofi Bruce said on an earnings call Wednesday. General Mills, fac...Read more »
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Onitme logistics update the news On Monday.The Postal Service develop a plan to communicate disruptions to customers two days in advance to repeat of the issues shipping and mailers faced in the 2020 peaak season, the USPS Office of inspector General recommended in an audit report Friday . The Po...Read more »