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 ...
FedEx is scaling back on Sunday deliveries in the US, retreating from unprofitable regions in a move widely seen as a gesture to its contractors.
There are doubts, however, that the integrator can come to grips with a festering problem affecting its performance.
From 15 August, FedEx Ground will no longer deliver parcels on Sundays to “certain lower-population markets”, the company announced, adding that this would reduce its coverage of the US market on Sundays from 95% to 80%.
“As economic conditions have ...
European port congestion now at five-to-six days, and getting worse
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