DIM Weights, Delivery Preferences, and the Latest News
Volume 34 Breakdown:?
#1 UPS focusing on parcel business, selling Coyote Logistics
In an effort to focus more on their small-package business, UPS has announced plans to sell its freight brokerage business Coyote Logistics to RXO.
“As UPS positions itself to become the premium small package provider and logistics partner in the world, the decision to sell our Coyote Logistics business allows an even greater focus on our core business,” said Carol Tomé, UPS CEO.
UPS is losing $775 million on the sale, which is expected to close for $1.025 billion by the end of the year.
#2 USPS says service won't suffer from Parcel Select changes
The USPS, whose proposed Parcel Select rate hikes designed to get packages in their network further upstream, has said that the volume influx won’t hurt service.
The Postal Service is evaluating the impact of increased volume at specific facilities. The Association for Postal Commerce has said that there could be “devastating service impacts” if their estimates are incorrect.
#3 Startup carrier Delivered buys Point Pickup's assets
Delivered, a startup carrier that leverages independent contractors, has purchased the assets of recently-dissolved same-day provider Point Pickup.
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Point Pickup offered a similar service, connecting retail and grocery stores with a network of gig drivers for same-day delivery.
Delivered is still working on a plan to incorporate Point Pickup’s assets.
What is % of Packages DIMed?
DIM Weight is a calculation technique that major parcel carriers (FedEx, UPS, and USPS) use to calculate shipping fees based on the size of the package, rather than its actual weight. % of Packages DIMed refers to the amount of packages where the DIM weight exceeds the actual weight, and will therefore be used for billing.
Why is tracking % of Packages DIMed important?
Tracking % of Packages DIMed is important because the additional cost for dimensional weight vs. actual weight can add up quickly. Once you understand how many packages are being affected, you can make decisions regarding how to right-size your packaging to reduce those costs.
Survey: Consumer Home Delivery Preferences
In the evolving eCommerce landscape, brands must focus on creating exceptional customer experiences, especially in shipping. With online shopping on the rise, the moment a customer receives their package is often their only physical interaction with a brand.?
But what exactly do online shoppers prefer with home deliveries?
Sifted surveyed 500 U.S. consumers to discover this. Here’s what we found, plus some strategies to enhance your customer’s shipping experience: https://bit.ly/4b4W4W9