Parcel

Demand for peak-season parcel delivery services in the U.S. will exceed the total capacity of the nation's delivery network by about 4.7 million parcels a day, according to a detailed forecast by consultancy ShipMatrix. The data indicates that, like the unprecedented 2020 peak delivery season,...

Regional parcel delivery carrier Lone Star Overnight (LSO) said it will expand its coverage area in early September by adding markets in Louisiana and Arkansas and launching service in Illinois, Missouri and Kansas. The announcement, which was posted last Wednesday on the company's website,...

FedEx Corporation (NYSE: FDX) shares dropped more than 10% Wednesday after the company's second-quarter earnings miss and fourth guidance cut this year. Analysts acknowledged its dilemma in a changing delivery sector, but some saw FedEx's woes as having bottomed out, with a return to a...

FedEx Corporation (NYSE: FDX) should continue to deliver above-average growth along with packages over the long-term, sell-side analysts said Wednesday, brushing aside warnings in its near-term guidance. The package shipping giant reported better-than-expected earnings Tuesday, but highlighted some...

For the U.S. Postal Service, the story remained much the same in its fiscal 2019 second quarter as its been for many prior quarters – gains in shipping and package revenue offset by declines in first class and marketing mail, flat to down total revenue and net losses measured in the billions...

A spokesman for the Universal Postal Union (UPU) confirmed that only about 15 percent of the forum's 192 members support a Trump Administration plan allowing countries to self-declare rates on international packages weighing up to 4.4 pounds. Citing what President Trump considered to be unfair...

Accessorials, which are charges for services unrelated to the basic line-haul operation, are a fact of life across all transport modes. Nowhere, however, are they more prevalent than in the parcel industry. At last count, FedEx Corp. (NYSE: FDX) and UPS Inc. (NYSE: UPS) the industry's...

The nation's three major parcel delivery carriers posted stellar peak-season performances, aided by perhaps the strongest collaborative effort from their customers since e-commerce became a staple of holiday shopping and shipping, according to data from ShipMatrix, a unit of consultancy SJ...

The rise in popularity of online shopping has created a surge in demand for package delivery services like United Parcel Service, Inc. (NYSE: UPS) and DHL. However, while the influx of new business may appear to be a positive, the logistics of delivering such a high volume of packages...