UPS drama – a Premium back and forth on key bits and pieces
Network power
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
PRESS RELEASE
Contracts For Dec. 20, 2022
U.S. TRANSPORTATION COMMAND
Federal Express Corp., Memphis, Tennessee (HTC711-23-D-C023); Polar Air Cargo Worldwide Inc., Purchase, New York (HTC711-23-D-C024); and United Parcel Service Co., Louisville, Kentucky (HTC711-23-D-C025), have been awarded indefinite-delivery/indefinite-quantity with firm-fixed-price rates contracts with an estimated total face value of $2,241,838,846 under the Next Generation Delivery Service-2 program to provide international and domestic small package delivery services. Work will be performed globally. The base period of performance is from April 1, 2023, to Sept. 30, 2026. Funds will be obligated at the individual task order level. This contract was a competitive acquisition in which all Civil Reserve Air Fleet carriers were eligible to submit a proposal and four offers were received. U.S. Transportation Command, Directorate of Acquisition, Scott Air Force Base, Illinois, is the contracting activity…
The full release is here.
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