Ryder System is adding more distribution center space in the Chicago area. Ryder said its new nearly 550,000-square-foot facility will open in suburban North Aurora, Illinois about an hour west of Chicago, in early January. It will be the company’s 10th multiclient distribution center in the market. The facility will service shippers of consumer-packaged goods, including […]
Dive Brief: Plummeting delivery demand will pressure FedEx’s per-package revenue for the remainder of its fiscal year, which ends May 31, executives said on the company’s Q2 earnings call Tuesday. Per-package revenue, or yield, increased at FedEx Express (8%) and Ground (13%) YoY. But weaker demand, particularly at Express, drove a 3% overall decline in revenue. FedEx is […]
Dive Brief: The U.S. Postal Service will acquire and use at least 66,000 battery electric vehicles by 2028, the agency announced Tuesday. No less than 45,000 of those vehicles will be electric versions of the Postal Service’s next-generation delivery vehicles. The effort is part of the Postal Service’s $9.6 billion plan to replace its aging fleet […]
Dive Brief: Peak season is likely to bypass the air cargo market altogether after air freight demand fell for the eighth consecutive month in October, according to Clive Data Services. Volumes declined 8% YoY in October and levels remain 3% lower than in 2019, Clive said Nov. 2. Spot rates fell 20% YoY in October, but […]
Amazon unveiled a new delivery drone design on its website Thursday as the company continues to advance its Prime Air service ambitions. The MK30 drone is set to come into service in 2024. It’s lighter and smaller than the MK27-2, which Amazon plans to use for Lockeford, California, and College Station, Texas, deliveries later this year. “The MK30’s […]
Microsoft is looking to compete in the supply chain tech space with several new tools designed to integrate various supply chain systems. The tech firm on Monday announced it created: A new product, called the Microsoft Supply Chain Center, designed to help customers connect data across various ERPs and third-party supply chain management solutions; A new […]
Dive Brief: Ocean carriers plan to ramp up blank sailings to counteract softer demand and declining volumes. Maersk, Matson and Zim reported in Q3 earnings that they are prepared to reduce capacity in the face of lower demand. Maersk has already taken out around 15% of capacity from Pacific and Asia-Europe trade lanes, CEO Søren […]
Dive Brief: Amazon is increasingly relying on ocean shipping for next-day delivery in Sweden, part of an effort to speed shipments while lowering transportation emissions. The e-commerce giant said late last month that it is partnering with sea carrier Stena Line to ferry loaded trucks from sortation centers in Germany or Poland to Sweden. The increased […]
Dive Brief: Victoria’s Secret has been moving shipments away from air in favor of ocean transport as freight rates stabilize, Chief Finance and Administrative Officer Tim Johnson said on a Dec. 1 earnings call. The retailer expects the modal shift to help abate burgeoning costs. The company had seen supply chain costs rise by roughly $300 […]
Managing equipment in a complex and highly active environment like a warehouse or a public road is a big enough challenge on its own. Safety is priority one every day at your site, and worker devices (whether embedded or mobile) exist in support of that directive. Only the appropriate content and applications should be accessible at all […]