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Amid a potential Teamsters strike at UPS, FedEx urges concerned shippers to switch to their services.
Amid the looming threat of a Teamsters union strike at UPS Inc., FedEx Corp. is urging shippers concerned about potential service disruptions to start shipping with FedEx immediately. The company prioritizes maintaining capacity and service for existing clients, and advised businesses contemplating shifting volumes to FedEx to act swiftly. Meanwhile, Mike Parra, CEO of the Americas for DHL Express, commented on the strike's possible impact, warning it could result in a "total disruption" of the U.S. economy.
Source: FreightWaves
FedEx Corp. advised shippers on Thursday that they should begin shipping now with the company if they are concerned about service disruptions arising from a possible Teamsters union strike Aug. 1 of UPS Inc.https://t.co/K2irgxrVGx
— FreightWaves (@FreightWaves) July 6, 2023
A truck carrying flammable chemicals crashed and exploded on Route 3 in Clifton, NJ, killing the driver and forcing evacuations.
Q2 sees slower rate of trucking business exits, but market remains challenging. Here are the latest industry data and expert insights.
Driver wages remain the largest expense. Safety bonuses ($1,831 average) surpassed starting bonuses for the first time.
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