UPS can offset higher labor costs with modest rate hikes, analyst says
Deutsche Bank’s Amit Mehrotra says cumulative 8.8% per-package increases over five years should balance out elevated labor costs for the UPS contract duration.
Deutsche Bank’s Amit Mehrotra says cumulative 8.8% per-package increases over five years should balance out elevated labor costs for the UPS contract duration.
In this edition: The fallout from Yellow’s anticipated bankruptcy, UPS loses big to FedEx, and Hub Group throws down against the competition.
About half of diverted parcels, almost exclusively to FedEx, will not return to UPS, consultancy ShipMatrix says.
In this edition: What can Brown do for you, now that the strike has been averted?; the future of the LTL industry; and FedEx pilots stand their ground.
FedEx pilots have voted down an upgraded contract that would have raised pay scales by 30%.
As UPS labor negotiations are set to resume, the Teamsters gather for a rally Saturday in Atlanta.
It will be difficult, if not impossible, to avoid a mess if shippers haven’t laid out contingencies for a Teamsters strike against UPS.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Ken Evans; Caroline Fontein; Ben Tschirgi; Mike Razniewski
Your latest info on all things cold chain
FreightWaves’ State of Freight for July focused on a potential Yellow shutdown and a looming strike at UPS.
FedEx will focus its resources on shippers who use both it and UPS, Shipware’s Karamcheti says.
Democrats said they respect workers’ rights to strike in the event negotiations between the Teamsters and UPS fail.
The Teamsters union says UPS bowed to union pressure to resume talks. UPS says it is “pleased to be back” at the table.
In this edition: What happens if Yellow and UPS stop delivering? And acquisition is Redwood’s game.
Union pilots at UPS are ready to show solidarity with Teamsters workers if there is a strike, which would ground UPS Airlines.
Single-sourcing of carriers doesn’t guarantee the best prices, experts say.
No new talks are scheduled after the Teamsters rejected a UPS proposal.
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The Teamsters union says it will not meet with UPS again unless the company provides a better proposal.
UPS and the Teamsters union have wrapped up noneconomic issues. The hard part, economic issues, lies ahead.