Parcel

Quarterly revenue, at $23.5 billion, increased 7% annually, and operating income, at $1.38 billion, was up 31%. Earnings per share, at $4.82, beat Wall Street expectations, at $4.02.

Operating revenue, at $80.5 billion, saw a 1.2% annual gain over fiscal year 2024, which USPS said was largely paced by its USPS Ground Advantage offering, as well as what it called strategic price increases in its mail and shipping groups. And its net loss under generally accepted accounting principles, at $9.0 billion, trailed the $9.5 fiscal 2024 net loss.

Chicago-based Uber Freight has entered into what it called an “expanded commercial partnership” with Hillside, Ill.-based Better Trucks, a last-mile delivery platform focused on digital commerce, for tens of millions of packages annually for retail and e-commerce shippers, in addition to making a strategic investment into Better Trucks.

Quarterly consolidated revenue, at $21.4 billion, fell 3.7% annually, and basic earnings per share, at $1.74 (topped Wall Street estimates of $1.29), fell $0.24, or 13.4%, annually. Total operating profit, at $1.8 billion, was off 9.1% annually. 

A trio of industry stakeholders—each focused on different areas of surface transportation, including truckload, ground parcel, and less-than-truckload (LTL)—addressed current market conditions for their respective modes, as well as take a look at key priorities shippers need to be focusing on in 2026, at a session at this week’s Council of Supply Chain Management Professionals (CSCMP) EDGE conference in National Harbor, Maryland.

The firm said that based on its estimates it expects that 2.3 million packages will be delivered over this year’s peak, representing a 5% annual gain, attributing the expected increase to one more shopping day than there was in 2024.

In a Form 8-K statement issued last week, UPS said that it terminated its plans to acquire Estafeta due to the inability of all closing conditions to be satisfied.

Quarterly revenue, at $22.2 billion, increased 3% annually, its highest annual growth rate since the pandemic, and operating income, at $1.30 billion, was up 7%. Earnings per share, at $3.83, beat Wall Street expectations, at $3.61.

The company stated that FedEx package standard list rates for U.S., U.S. export, and U.S. import services will increase by an average of 5.9%. And it said that rates for FedEx Ground Economy, FedEx Ground Multiweight, FedEx International Premium, and FedEx International Priority Direct Distribution will also head up.

UPS has announced its 2025 peak demand surcharges, adding new costs for businesses shipping during the holiday rush. The surcharges will take effect September 28 and run through January 17, covering the busiest stretch of the year for e-commerce and retail deliveries.

Entitled “Eye on the Last Mile,” the report is based on feedback from more than 200 United States-based supply chain and logistics leaders.

Third quarter fiscal year 2025 earnings issued this week by the United States Postal Service (USPS) saw a steeper net loss, at $3.1 billion, than the $2.5 billion reported a year ago, for the quarter.

Following an executive order issued in May, which ended the de minimis exemption—allowing shipments under $800 sent from China and Hong Kong to the U.S. to not be subject to tariffs, the White House this week issued a new executive order suspended the de minimis exemption for various imported goods.

The Teamsters said earlier today that UPS is preparing to roll out later this month what it called “an illegal plan” to buy out full-time Teamsters-represented UPS employees, labeling it a corporate scheme which directly violated its contract with UPS that represents 340,000 delivery workers.

FedEx said that this new pricing and rating structure is for parcel pickups in the United States and Canada. And it added that this new rating structure will charge weekly for regularly scheduled (U.S. and Canada) and automated pickups (U.S. only), regardless of service type—whether it is FedEx expedited or standard service—with on-call pickups in the U.S. charged per stop.