| | | | | | | | Package delays, held shipments, a spot-market surge, demand spikes but shrunken capacity—all predicted effects of a walkout at the package-delivery giant after the current contract expires July 31. A strike, one analyst said, could cost billions per day. |
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| | | Union prepares to walk out July 24 after the LTL leader and No. 6 FleetOwner 500 for-hire company, which is facing the threat of insolvency, failed to make a July 15 health-care and pension benefits payment and said it will miss another in mid-August. |
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| | | With the possibility that a work stoppage in August would be the largest in U.S. history, UPS and the International Brotherhood of Teamsters announce they will resume talks next week over a new deal that... |
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| | | Tenney Group, broker of some of the larger transportation and logistics deals so far in 2023, reviews mergers and acquisitions midyear as a soft freight cycle continues to depress revenue and earnings at some carriers. |
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| | | In a quarter where operating revenue fell 14% from a year earlier, the carrier’s intermodal president says "the destocking trend has moderated." Uncertainty remains for what freight will look like for... |
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| | | | | After ordering 100,000 last-mile delivery EVs, the e-commerce giant also is ramping up its middle-mile sustainability with more Class 8 electric vehicles and charging infrastructure nationwide. |
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