UPS is set to take over USPS air cargo contract from FedEx

Logistics Management News - April 3rd, 2024

This Week in Logistics Management

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| Logistics Management News · April 3, 2024

UPS is set to take over USPS air cargo contract from FedEx Atlanta-based global freight transportation and logistics services provider UPS said earlier today it has been awarded what it labeled a “significant air cargo contract” by the United States Postal Service (USPS). UPS officials said that this contract takes effect immediately while also expanding the existing relationship between UPS and USPS. And the company added that after a transition period, UPS will be the primary air cargo provider for USPS, moving the majority of USPS’s United States air cargo. Read more.

| Latest Logistics Management News

Federal Railroad Administration issues final rule on train crew size safety requirements FRA officials explained having a second crewmember provides various safety functions that are not able to be realized on a single-person crew. As an example, without the final rule, it noted how on a train with one crewmember,… Read more.

Parcel experts examine the UPS-United States Postal Service air cargo relationship amid parcel landscape Following the news that UPS has been awarded what it labeled a “significant air cargo contract” by the United States Postal Service (USPS), which used to be handled by its biggest competitor, FedEx, there has been no shortage… Read more.

Manufacturing sees growth in March, snaps 16-month stretch of contraction The report’s benchmark metric, the PMI came in at 50.3 (a reading of 50 or higher indicates growth), topping the March PMI, of 47.8, and contracting after 16 months of declines. ISM added that the overall economy grew, at a faster… Read more.

From our sponsor Unlocking Heavy/Specialized Success Landstar Executive Vice President of Specialized Freight Services Al Reisman Read more.

Blue Yonder announces an agreement to acquire One Network Enterprises for $839 million Scottsdale, Ariz.-based Blue Yonder, a provider of AI-driven and end-to-end supply chain management services, announced it has acquired Dallas-based One Network Enterprises (One Network), a global provider of intelligent control towers and its Digital Supply Chain Network… Read more.

Industry experts weigh in on Baltimore bridge collapse and subsequent supply chain implications In commentary provided to Newsroom Notes, Kristian O’Meara, SVP Strategic Initiatives, for JAGGAER, a global procurement technology company, and Dean Alms, Chief Product Officer, for Aravo, a provider of third-party risk and resilience services, offered up their… Read more.

LM Podcast Series: Transportation and Logistics M&A Market Update with Ben Gordon Themes focused on over the course of this podcast included: the current state of industry M&A activity; current trends and themes driving dealmaking activity; and how targeted acquisitions can fill specific service needs for companies, among others. Read more.

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