USPS reports a $1.3 billion net loss for fiscal first quarter earnings
February 6, 2026
Operating revenue, at $22.2 billion, fell 1.2% annually, or $264 million, which USPS said was largely due to declining First-Class Mail, Shipping and Package, and Marketing Mail volume declines, which it said were partially offset by price increases. And its net loss under generally accepted accounting principles came in at around $1.3 billion, well below $144 million in net income for the same quarter a year ago.
Looking at how L.L. Bean rethought its supply chain
February 6, 2026
At RILA’s Retail Supply Chain Conference, company executives explained when store growth hit a wall.
UPS plans cuts of 30,000 jobs, irking Teamsters union that points to $9 billion in profits last year
February 6, 2026
UPS recently announced it made $8.7 billion in profit last year on the same day that the world’s largest transportation company will reduce its workforce by 30,000 in primarily part-time positions. Why is this happening? That’s what the Teamsters union, whose largest membership is at UPS, wants to know.
Staples Canada takes steps to rethink its fulfillment model
February 6, 2026
Canadian office supplier revamped its e-commerce business by implementing autonomous mobile robots in its facilities.
U.S. rail carload and intermodal volumes are down, for week ending January 31, reports AAR
February 6, 2026
Rail carloads, at 191,188, fell 14.0% annually, and intermodal containers and trailers, at 243,173, were off 16.6% annually.
House group urges STB to closely scrutinize proposed Union Pacific–Norfolk Southern merger
February 5, 2026
A group of 47 members of the United States House of Representatives called on the Surface Transportation Board (STB) to conduct a “rigorous and comprehensive review of the proposed merger” between Class I railroad carriers Union Pacific and Norfolk Southern, with a sharp focus on the merger’s ability to enhance competition and it also being clearly in the public interest.
Prologis Industrial Business Indicator signals continued leasing momentum
February 5, 2026
The January IBI Activity Index reading, at 59.1, marks its highest level since November 2024, which the firm attributed to goods moving more quickly downstream through the supply chain, coupled with retailers replenishing inventory.