Macy’s, Inc. Reports First Quarter 2022 Results

Amazon continues to adapt to meet the changing needs of customers by investing in ways to provide fast, free delivery. Today, the company announced the lease of 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group (ATSG). These aircraft will join Amazon’s existing fleet of 70 aircraft to bring its total network to over 80 aircraft. One of the new aircraft joined Amazon’s air cargo operations in May 2020, with the remaining 11 to be delivered in 2021. Amazon Air’s fleet expansion comes at a time when people in communities across the country continue to adjust to this unprecedented time, with many relying on having the items they need delivered directly to their doorstep. Amazon Air has played a central role during the COVID-19 pandemic by transporting essential PPE supplies for Amazon associates, frontline health workers and relief organizations across the U.S., all while maintaining capacity for regular cargo operations to ensure customers continue to receive the items they need. Now, with expanded cargo capacity to come, Amazon will continue to meet evolving demand and a growing customer base.

Amid extreme weather and tight capacity, national average spot truckload rates saw double-digit increases during the week ending Jan. 6, according to DAT Solutions, which operates the DAT network of load boards. The number of available loads increased 27%, in line with expectations when a full workweek follows a holiday-shortened one. However, the number of trucks posted to DAT load boards was up just 7.4% and the imbalance pushed load-to-truck ratios up for all three equipment types. In the van market, load posts jumped 26% but truck posts were up only 6%, as many truckers were still taking time off. The national average van rate was $2.30/mile, up 19 cents compared to the previous week. Click Read More below for additional information.

For the US Postal Service, 2020 has hardly ever been a dull moment. As if the stormy tenure of new Postmaster General Louis DeJoy, the controversial service changes and their impact on mail-in voting, the barrage of Covid-fueled package volume, and the plunge in letter and flat mail volume weren't all enough, on Nov. 30th, the Postal Regulatory Commission issued its final review in its 10-year review of postal rate-making. As we've been warning, it's potentially catastrophic news for catalog mailers, as future postage rates for flats could skyrocket. That potentially game-changing news came less than two weeks after the USPS announced a significant shake-up in its executive ranks. And all of this comes on the eve of another postal rate hike taking effect in late January. In a 60-minute web meeting on Tuesday, December 15th at 1:00 pm EST, the ACMA will host a panel of experts to not only dig into what's taking place but also what you as a merchant can do going forward. Register at: https://us02web.zoom.us/meeting/register/tZUtd-2uqDIqH90u-NsYNBS7_KqUq6SOL7OX Moderated by ACMA President & Executive Director Hamilton Davison (below left), the panel will also include Matthew Field (center). A partner with Venable LLP, Mr. Field is a knowledgeable regulatory counselor and skilled litigator who represents clients in highly regulated industries with extensive experience in postal and energy regulation. He'll be joined by ACMA's Postal Economist Robert Mitchell (right). Mr. Mitchell's career in postal affairs dates back more than 45 years. He had a lengthy tenure as principal economist with the USPS, then become special assistant to the Commission at the then-Postal Rate Commission. Over the past 18 years, he has served as a postal consultant, the last 12 advising the ACMA. Members of ACMA's Postal Committee will also be on hand. There are a limited number of spots available for this webinar (via Zoom meeting) so register soon. All ACMA members are welcome. Non-members are eligible, but pending demand levels, some registrations may be declined in favor of members and will be taken in order received so register now.