Thomas Black

Business, Logistics

FedEx, UPS Feel Van Squeeze Amid E-Commerce Rush

A UPS driver sorts boxes in the back of a delivery van in New York. (Victor J. Blue/Bloomberg News) A UPS driver sorts boxes in the back of a delivery van in New York. (Victor J. Blue/Bloomberg News)

FedEx Corp. and UPS Inc. are running into a shortage of delivery vans, prompting a surprise cost squeeze that’s cutting into profits during a record surge in package volumes.

Thomas Black | Bloomberg News
November 25, 2020
Business, Logistics

UPS Will Make Dry Ice, Offer Freezers for Vaccine Distribution

UPS can make as much as 1,200 pounds of dry ice an hour near its Worldport air hub. UPS can make as much as 1,200 pounds of dry ice an hour near its Worldport air hub in Louisville, Ky. (Luke Sharrett/Bloomberg News)

UPS Inc. has set up its own dry ice production and will provide portable, super-cold freezers to its health care customers as the courier prepares for the massive rollout of COVID-19 vaccines.

Thomas Black | Bloomberg News
November 24, 2020
Business, Technology, Logistics

UPS, FedEx Face Stress Test From Amazon’s ‘Christmas Creep’

A UPS delivery driver pushes a hand truck loaded with packages in San Francisco. A UPS delivery driver pushes a hand truck loaded with packages in San Francisco. (David Paul Morris/Bloomberg News)

FedEx Corp. and UPS Inc. are girding for their biggest test yet in the e-commerce era, with “Christmas Creep” pushing the holiday shopping season ever earlier and stretching the limits of shipping networks already strained by the COVID-19 pandemic.

Thomas Black | Bloomberg News
November 13, 2020
Government, Business, Logistics

FedEx Vows to Avoid Transport Bottlenecks When Vaccines Are Ready

A FedEx Boeing 767-300F cargo plane sits at the San Diego International Airport on April 27. A FedEx Boeing 767-300F cargo plane sits at the San Diego International Airport on April 27. (Bing Guan/Bloomberg News)

FedEx Corp. is pledging to avoid transportation logjams when a massive operation begins to deliver a coronavirus vaccine.

Thomas Black | Bloomberg News
November 2, 2020
Business, Technology, Logistics

Shippers Might Pay More for Cargo in 2021, C.H. Robinson Says

C.H. Robinson's CEO Bob Biesterfeld said air-freight capacity remains constrained. C.H. Robinson's CEO Bob Biesterfeld said air-freight capacity remains constrained. (Luke Sharrett/Bloomberg News)

Shippers probably will pay more for freight heading into 2021 after the pandemic lockdown drove many small truckers out of business and cargo demand rebounds faster than the economy, C.H. Robinson Worldwide Inc. CEO Bob Biesterfeld said.

Thomas Black | Bloomberg News
September 22, 2020
Business, Technology, Logistics, Autonomous

FedEx Seeks to Add Small Self-Flying Planes for Remote Areas

A FedEx cargo plane sits parked at San Diego International Airport on April 27. A FedEx cargo plane sits parked at San Diego International Airport on April 27. (Bing Guan/Bloomberg News)

FedEx Corp. is looking at using small self-flying cargo planes to serve remote areas after experimenting with a technology startup on autonomous aircraft, CEO Fred Smith said.

Thomas Black | Bloomberg News
September 21, 2020
Business, Logistics, Top 50, Top 100

UPS Holiday Season Hiring Will Top 100,000 Amid E-Commerce Boom

UPS plans to hire more than 100,000 seasonal works to weather the holiday season. UPS plans to hire more than 100,000 seasonal works to weather the holiday season. (Ken James/Bloomberg News)

UPS Inc. said it will hire more than 100,000 seasonal workers to help handle an expected avalanche of holiday packages from online orders this year as shoppers avoid stores during the coronavirus pandemic.

Thomas Black | Bloomberg News
September 9, 2020
Business, Logistics

FedEx to Increase Peak Hiring 27% for ‘Unprecedented’ Season

A FedEx delivery truck is unloaded A FedEx delivery truck is unloaded. (Neill Cooper/Bloomberg News)

FedEx Corp. plans to hire about 70,000 seasonal workers to handle the holiday surge of packages, a 27% increase from last year’s peak, in what is expected to be an unprecedented level of delivery demand.

Thomas Black | Bloomberg News
September 3, 2020
Business, Logistics

UPS, FedEx Out to Prove They Can Profit in Holiday Season

A UPS delivery driver in Louisville, Ky. A UPS delivery driver wears a protective mask while driving a truck in Louisville, Ky. (Luke Sharrett/Bloomberg News)

UPS Inc. and FedEx Corp., riding high from record package deliveries amid the coronavirus pandemic, are moving on to their next objective: showing investors they can boost profit in the approaching onslaught of the holidays.

Thomas Black | Bloomberg News
August 20, 2020
Business, Logistics, Top 50, Top 100

FedEx Joins UPS, USPS in Adding Fees as Holiday Delivery Surge Looms

FedEx said on Aug. 18 it would add a surcharge ahead of the holiday season. A worker unloads packages from a FedEx delivery truck in New York. The company joins UPS and USPS in adding a delivery surcharge ahead of the holiday season. (Michael Nagle/Bloomberg News)

FedEx Corp. is joining a rush to apply extra holiday fees on high-volume shippers as couriers brace for a new jump in residential deliveries during the year-end peak season.

Thomas Black | Bloomberg News
August 18, 2020

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