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Posts published in “News, Logistics, 3PL,”

UPS rolls out 2022 rate increases

Late last week, Atlanta-based global freight transportation and logistics services bellwether UPS announced general rate increases (GRI) for 2022, which are set to take effect…

Labor costs bring down fiscal Q1 earnings results for FedEx

Quarterly revenue—at $22 billion—saw a 14% annual increase, and operating income—at $1.398 billion—slipped 12% annually. Diluted earnings per share—at $4.09—were off 13%, falling short of…

ISM Services PMI reading sets new record in May

The Institute for Supply Management (ISM) said today in its Services ISM Report on Business that that services sector economic growth saw another strong month…