Balancing Customer Expectations and Shipping Costs During COVID-19
Articles • Jeremy Lee on March 26, 2020
“Business as usual” is out the window, so shippers must quickly adjust to this new normal. Adapting starts with close, careful communication with your customers.
3 Ways Package Dimensions Affect Your Shipping Costs
Articles • Jeremy Lee on January 23, 2020
We hear from clients all the time who are flummoxed by all the costs around package dimensions, so let’s explain a few.
Shipping Data | 4 Areas to Examine and Stop Overpaying
Articles • Jeremy Lee on November 8, 2019
When it comes to carrier reports, you can’t comb through them line by line, so it’s important to look at some key areas to better understand your shipping data and any costly mistakes you might be making.
FedEx Had Another Banner Year: What We Learned From the Latest Annual Earnings Report
Breaking News • Jeremy Lee on June 25, 2018
FedEx is shipping more packages and charging more than ever to do it. FedEx announced its fiscal revenue was up 7.9% at $65.5 billion over FY 2017, and revenue was up 9.1% at $17.3 billion for the fourth quarter. It was another record earnings report, a year-by-year trend we’re getting used to.
Parcel Roundup: UPS Gets Sticky with Retailers, Amazon Revokes Prime Memberships for Frequent Returners, FedEx Commits to Blockchain
Articles, Breaking News • Jeremy Lee on June 11, 2018
UPS aims to strengthen retailer relationships while Amazon has reportedly been banning shoppers for making too many returns. FedEx is betting Blockchain will create a transparent, secure, and streamlined logistics industry.
Parcel Roundup: UPS Q4 Earnings, to Drone or Not to Drone, and Meet Nuro
Articles • Jeremy Lee on February 5, 2018
UPS released its 2017 Q4 earnings, beating Wall Street’s expectations by $.01 per share while in negotiations with the Teamsters Labor Union who wants to prevent them from using drones and driverless vehicles like recently introduced Nuro.
UPS Enjoys Profitable Q2 Ahead of Peak Surcharge Rollout
Breaking News • Jeremy Lee on August 1, 2017
Like FedEx shared earlier this summer, UPS is shipping more packages and enjoying the fruits of this year’s rate increases.
FedEx Sees Record Earnings Thanks to Volume Increases and Higher Rates
Breaking News • Jeremy Lee on June 28, 2017
When FedEx announced last week its across-the-board earnings increases for the fourth quarter and another record fiscal year, one pattern emerged: revenue increased primarily due to increased package volume and higher base rates.
FedEx Reports Record Peak Season Volume
Breaking News • Jeremy Lee on March 27, 2017
In its fiscal third quarter earnings report released March 21, FedEx announced record volume during its post-Thanksgiving peak. The quarter, which closed Feb. 28 and included December and January, encompassed most of that peak holiday season.
The New “Biggest Day” of the Holiday Season May Surprise You
Breaking News • Jeremy Lee on December 22, 2016
When you think of the biggest shopping day of the year, your first thought might be Black Friday. That’s understandable—over the years, it’s become synonymous with the idea of deep sales and the commencement of the holiday shopping season.
