Recently UPS has made agreements with three leading suppliers of renewable fuels (Renewable Energy Group (REG), Neste, and Solazyme) to take steps toward meeting the companies’ objectives for alternative fuel utilization. UPS announced that these agreements have led to a “15-fold increase over prior contracts” resulting in UPS’ getting access to up to 46 million […]
According to supplychain247(dot)com and sdcexec(dot)com, it has been a big couple of weeks in the world of shipping and logistics with news updates from two of the world’s largest retailers, Amazon and Walmart. Both companies plan on expanding their shipping services to customers in order to compete for the title of “largest retailer,” a position […]
According to a recent bloomberg.com article, private negotiations are supposedly in place discussing the 3rd largest logistics industry deal of 2015. During this period of industry consolidation and increasing consumer demand there have been reported talks of a UPS buy out of Coyote Logistics for $1.8 Billion. Warburg Pincus, a private equity firm, has backed […]
According to cnet(dot)com, Amazon has some big news. The company’s Prime members will now be able to receive shipments on over one million items the same day. At this time, the service will be available in 14 metro areas for orders totaling $35 or more. While Prime members have access to over 20 million items […]
According to parcelindustry(dot)com, “SmartPost rates will receive a cost increase on April 27, 2015.” This will be the second increase in 2015. A General rate Increase was already implemented earlier this year. Now, an increase of another 8.3% is expected. Some shippers who have negotiated a GRI cap will be spared the full 8.3%; however […]
