UPS: No Residential Peak Delivery Surcharges For 2019 Holiday Season

UPS announced August 16 it will not be applying additional peak surcharges for residential deliveries during the 2019 holiday season, which runs approximately October 1, 2019 through January 4, 2020. The carrier said it would leverage cost savings from its expanded air freight network and automated sortation “super hubs,” passing it on to customers. Other[…]

Starsky Robotics testing unmanned trucks in live traffic

Starsky Robotics announced it has started testing unmanned trucks on public highways with live traffic in Florida. The first unmanned test in live traffic took place on June 16, with the heavy-duty truck traveling 9.4 miles on the Florida Turnpike. It successfully navigated a rest area, merged onto the highway, changed lanes and maintained a speed[…]

Report: Uber Freight Offers Below-Market Rates to Shippers

In order to undercut competition, Uber Freight is offering freight rates to shippers below market rate, according to a Morgan Stanley analysis. These shipping rates are then passed on, almost entirely (99%), to drivers on the platform, leading analysts to conclude “meaningful” profitability is years in the future. The industry standard for the percentage of[…]

Amazon’s Promising Freight Service Has a Truckload of Rivals

As Amazon.com Inc targets traditional brokerages that match shippers with truckers, it’s also battling a bevy of startups – including Uber Freight and a company funded by the eCommerce giant’s founder Jeff Bezos. The world’s biggest retailer made a splash in truck brokerage circles after Freight Waves reported on Friday that Amazon’s service, launched in[…]

Uber Freight Grows Quickly Ahead of Company IPO

Uber Freight, Uber Eats and other non-ridesharing lines of business are the bright spots in terms of growth for Uber Technologies, according to a Thursday filing with the Securities and Exchange Commission ahead of the company’s upcoming initial public offering (IPO). Uber Freight posted $359 million in bookings in 2018, according to the filing, placing[…]

Biggest U.S. Truckers Grab Larger Market Share

  Trucking may be a fragmented market, but the largest trucking companies in North America are increasing their market share, year-to-year and decade-to-decade. Truck pricing may be volatile, and subject to short-term swings in the US economy, but in the long-term, the growth rate of the biggest US trucking operators reveals a steady and sizeable[…]

Container Spot Rate Rebound?

Container freight rates had been on the decline for several weeks, with both the Shanghai Containerized Freight Index, produced by the Shanghai Shipping Exchange, and Drewry’s World Container Index playing out in similar patterns. Seasonal demand for container shipping tends to grow in the lead up to the Lunar New Year, during which factories across[…]

Monday News Roundup

We gathered a few interesting articles from the past week to share. DHL Committed to Delivering Excellent Service to KFC Logistics Manager / March 9, 2018 Trucking Firm Fined for Overcharging Postal Service American Shipper / March 13, 2018 Medicine’s Long, Thin Supply Chain Wired / March 5, 2018 America’s Economic Strength Built on Global[…]