Shipping Industry: changes and challenges now facing both carriers and shippers

[mandy]

The changes and challenges now facing both carriers and shippers are unprecedented in my 23 years in the industry. And, unfortunately for shippers, most events have not been positive...

Given the weak demand for parcel services, it was surprising when FedEx and UPS announced one of the highest annual increases in history. Both carriers plan to implement a 5.9% increase for ground shipments and an effective 4.9% increase for express delivery...

This is somewhat of a shock to shippers who were, according to a recent Morgan Stanley survey, expecting a 2% to 3% increase. These large increases may reflect the carriers' higher costs, or the lack of competitive pressures with the demise of DHL...

full article: http://multichannelmerchant.com/opsandfu...landscape/