News this morning UPS & Fed Ex are refusing packages from major shippers on the front end. Previous peak shipment times they accepted all then delivered as best they could. Now only accept what they can handle. Both cite lack of capacity with inaccurate volume forecast from large shippers.
This puts more stress on USPS who is not allowed to refuse. . Further complication all three largely compete for the same 3rd party line haul carriers. None own railroads, some own airplanes, not enough to carry the volume. Lot of air cargo went to passenger carriers in the belly. Not flying as many planes now. Most use the same contracted long haul truckers. Owner operated truck capacity has reduced.
Situation is not going to get better anytime soon.
William
Last edited by William Davis; 12-16-2020 at 08:53 PM..
Reason: She’ll
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