Beset by loose capacity and weak demand, where do parcel express carriers go from here?
Shippers are regaining pricing leverage as an uninspiring peak season has carriers pining for pandemic-era volumes.
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Shippers are regaining pricing leverage as an uninspiring peak season has carriers pining for pandemic-era volumes.
More than one million packages will not reach their destination this Christmas By Stephen Gandel Holiday gifts delayed ahead of Christmas A flood of mail, a historic boom in online purchases and one of the biggest snowstorms in the Northeast in years have overwhelmed the U.S. shipping system this holiday season. The result: Over one million holiday orders are not likely to make it to their destination on Christmas Day, according to the latest estimate from ShipMatrix, a software company that helps retailers and others track shipments and collects data on millions of packa...
Monday, December 21st 2020, 11:49 am By: CBS News A flood of mail, a historic boom in online holiday purchases and one of the biggest snowstorms in the Northeast in years are combining to overwhelm the U.S. shipping system. An estimated 6 million packages a day are piling up in retailers' warehouses or shipping centers and awaiting pick up by FedEx, UPS, Amazon, the U.S. Postal Service and other shippers. Another 3.5 million packages are being picked up daily but not reaching their destinations on time, the latest shipping data show. It could soon get even worse: On-time delivery rates fo...
More than one million packages will not reach their destination this Christmas Stephen Gandel © Antonio Gravante / Getty Images FedEx Express truck in New York City A flood of mail, a historic boom in online purchases and one of the biggest snowstorms in the Northeast in years have overwhelmed the U.S. shipping system this holiday season. The result: Over one million holiday orders are not likely to make it to their destination on Christmas Day, according to the latest estimate from ShipMatrix, a software company that helps retailers and others track shipments and collects...
More than one million packages will not reach their destination this Christmas Stephen Gandel © Antonio Gravante / Getty Images FedEx Express truck in New York City A flood of mail, a historic boom in online purchases and one of the biggest snowstorms in the Northeast in years have overwhelmed the U.S. shipping system this holiday season. The result: Over one million holiday orders are not likely to make it to their destination on Christmas Day, according to the latest estimate from ShipMatrix, a software company that helps retailers and others track shipments and collects...