UPS to cut 20,000 jobs in network reconfiguration
And so it starts. UPS, while announcing a better-than-expected profit, also enthused investors with its ...
Amazon has its foot on the accelerator again, and the repercussions look ominous for both retailers and parcel carriers.
According to reports, the e-commerce giant is planning to set up over 1,000 mini-fulfillment centres in North America – this month alone, 100 new Amazon distribution facilities will open in the US and Canada.
Historically, Amazon has favoured massive distribution centres on the periphery of large cities, but the new fulfilment hubs will be comparatively small, and they are going to be located ...
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