Volume 46: LIVE Demo This Week – See SiftedAI in Action
Volume 46 Breakdown:?
Every week we’re catching you up on the top industry news stories from the previous week. Let’s get into it:
#1 “Trading down” to slower delivery hurting FedEx
Last week, FedEx reported earnings lower than previously expected, attributing the performance to low demand and customers opting more for slower Ground services.
FedEx’s “Network 2.0” initiative to consolidate Ground and Express into a single network has already helped curb losses by eliminating excess capacity. FedEx reported that network adjustments helped save $250 million during the quarter.
#2 Both presidential candidates expected to close parcel import loophole?
Under current law, imports into the U.S. less than $800 in value aren’t subject to tariffs. Many argue this gives foreign-based eCommerce giants like Shein and Temu an unfair advantage over U.S.-based companies.?
Experts believe both presidential candidates would amend the exemptions if elected.
#3 USPS consolidation plans changed for 8 facilities
The USPS has reversed course on a plan to eliminate processing operations across 8 facilities after originally planning to consolidate them elsewhere.?
It’s the latest adjustment to their “Delivering for America” plan to overhaul operations and improve financial performance.
领英推荐
The USPS credits a recently-announced plan to slow rural deliveries for creating a path to continue operations at the facilities.
What is $ Lost from Returns?
$ Lost from Returns refers to how packages returned by customers directly impacts your bottom line.?
Why is tracking $ Lost from Returns important?
Tracking $ Lost from Returns is especially important for eCommerce businesses following peak season. As eCommerce sales go up, in turn, so do returns; this can have a massive impact on your bottom line. Understanding how much you lose from returns allows you to make decisions regarding your return processes going forward (i.e. consider if you need to update your return policies, change prices, or work with third party merchandise handlers).
SiftedAI – LIVE Debut!
The next generation of our platform is coming: SiftedAI.
SiftedAI continuously monitors your spend, carriers and contracts, providing the analytics and tools needed to achieve 100% optimization across your parcel operations.?
Join Roy Schmeidler and Will Green on September 26th @ 11 AM CDT to get a first look at how SiftedAI gives you:?
You’re not going to want to miss this. Secure your spot here.