Skip to content
Search AI Powered

Latest Stories

newsworthy

local traffic

Nearly half of all domestic overnight air shipments reached their destinations without ever traveling very far from home, according to the Colography Group's 2002 national survey of shippers, which was released last month. The survey results showed that 49.3 percent of all domestic overnight air shipments (by volume) in 2002 traveled less than 350 miles, and 31 percent of all volumes moved within a 150-mile radius. Less than 20 percent of all overnight air volumes moved more than 1,200 miles.

The Colography Group study, now in its 11th year, is based on interviews with more than 30,000 transportation and logistics decision makers, the company said. According to Colography, the survey looks at 144 U.S. industry groups and five employment categories that range from small businesses to divisions of multinational corporations.


Other findings in the most recent study:

  • Nearly 45 percent of second-day air shipments moved less than 350 miles, while only 19.8 percent moved more than 1,200 miles.
  • More than 65 percent of all overnight air shipments in 2002 were delivered by noon the next day.
  • Overnight letters accounted for nearly 55 percent of all overnight air volume in 2002. FedEx Express, Fed Ex's air unit, controlled 44 percent of the domestic overnight air letter market; UPS was second at 30.6 percent.
  • Packages weighing between 2 and 70 pounds accounted for 39.7 percent of second-day air traffic. Letters accounted for 36.3 percent.
  • UPS controlled 63.4 percent of total U.S. ground parcel volumes in 2002. The U.S. Postal Service (USPS) was next with 19.0 percent, and FedEx Ground was third with 12.1 percent.
  • UPS's share of the traffic in ground parcels weighing two pounds or less was 45 percent (by volume), with USPS second with a 36.3-percent share. More than 52 percent of all ground parcel deliveries were made within 350 miles, and 32 percent of all deliveries were made within 150 miles.

Ted Scherck, president of the Colography Group, said the survey results backed up clients' assertions that they valued fast service. "Our interviews tell us that buyers of overnight air services find compelling value —largely in the form of compressed delivery cycles and lower inventory costs—in having their goods in hand as quickly as possible. They also tell us that air freight remains the most viable option for cargo shipped more than 600 miles and requiring delivery before noon," Scherck said in a statement.

The Latest

More Stories

autonomous tugger vehicle

Cyngn delivers autonomous tuggers to wheel maker COATS

Autonomous forklift maker Cyngn is deploying its DriveMod Tugger model at COATS Company, the largest full-line wheel service equipment manufacturer in North America, the companies said today.

The deal was announced the same week that California-based Cyngn said it had raised $33 million in funding through a stock sale.

Keep ReadingShow less

Featured

photo of self driving forklift
Lift Trucks, Personnel & Burden Carriers

Cyngn gains $33 million for its self-driving forklifts

photo of a cargo ship cruising

Project44 tallies supply chain impacts of a turbulent 2024

Following a year in which global logistics networks were buffeted by labor strikes, natural disasters, regional political violence, and economic turbulence, the supply chain visibility provider Project44 has compiled the impact of each of those events in a new study.

The “2024 Year in Review” report lists the various transportation delays, freight volume restrictions, and infrastructure repair costs of a long string of events. Those disruptions include labor strikes at Canadian ports and postal sites, the U.S. East and Gulf coast port strike; hurricanes Helene, Francine, and Milton; the Francis Scott key Bridge collapse in Baltimore Harbor; the CrowdStrike cyber attack; and Red Sea missile attacks on passing cargo ships.

Keep ReadingShow less
diagram of transportation modes

Shippeo gains $30 million backing for its transportation visibility platform

The French transportation visibility provider Shippeo today said it has raised $30 million in financial backing, saying the money will support its accelerated expansion across North America and APAC, while driving enhancements to its “Real-Time Transportation Visibility Platform” product.

The funding round was led by Woven Capital, Toyota’s growth fund, with participation from existing investors: Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good and Yamaha Motor Ventures. With this round, Shippeo’s total funding exceeds $140 million.

Keep ReadingShow less
grocery supply chain workers

ReposiTrak and Upshop link platforms to enable food traceability

ReposiTrak, a global food traceability network operator, will partner with Upshop, a provider of store operations technology for food retailers, to create an end-to-end grocery traceability solution that reaches from the supply chain to the retail store, the firms said today.

The partnership creates a data connection between suppliers and the retail store. It works by integrating Salt Lake City-based ReposiTrak’s network of thousands of suppliers and their traceability shipment data with Austin, Texas-based Upshop’s network of more than 450 retailers and their retail stores.

Keep ReadingShow less
photo of smart AI grocery cart

Instacart rolls its smart carts into grocery retailers across North America

Online grocery technology provider Instacart is rolling out its “Caper Cart” AI-powered smart shopping trollies to a wide range of grocer networks across North America through partnerships with two point-of-sale (POS) providers, the San Francisco company said Monday.

Instacart announced the deals with DUMAC Business Systems, a POS solutions provider for independent grocery and convenience stores, and TRUNO Retail Technology Solutions, a provider that powers over 13,000 retail locations.

Keep ReadingShow less