Plus, electric trucks are costing more to operate than anticipated, Peloton claims Flexport cost them millions, and a truck driver passed out after police found cocaine in his cab.
Despite a shaky start in April, late-month improvements in freight metrics suggest potential for a boom within the next year.
Peloton alleges Flexport's inefficiencies led to millions in unfair detention and demurrage charges.
A potential UPS strike threatens significant disruptions in US deliveries and e-commerce. Impacts include slower delivery times, supply chain issues, and raised shipping costs.
A potential strike by UPS workers, the largest single-employer strike in US history, could significantly disrupt the nation's supply chain, affecting deliveries, retail trade, and e-commerce. Compared to the 1997 UPS strike, the impact is anticipated to be much greater due to the increased reliance on e-commerce, which now accounts for 15% of retail trade sales.
Major implications include slower delivery times, particularly for rural areas and smaller retailers, and disruptions in supply chains of several industries such as motor vehicles, healthcare, farming, and construction. Increased shipping costs are also likely as customers may turn to higher-priced alternatives or pay for expedited shipping.
Source: USA Today
#Teamsters employed at @UPS need to be rewarded with the best contract ever.
— Teamsters (@Teamsters) July 12, 2023
If UPS fails to deliver better wages for part-timers and chooses instead to leave its workforce battling poverty conditions, there will be no other option than to withhold our labor.
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
Molson Coors, recognized as 2023's Shipper of Choice, excels in supply chain management, shipping 13M barrels of beverages annually.
Tornado damages Pfizer plant in North Carolina, affecting 50,000 pallets of medication and potentially impacting nationwide supply.
The US labor market is showing signs of stabilization as the rate of voluntary job quitting approaches pre-pandemic levels and employers implement better retention strategies.
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