Demand for warehousing expected to pick up – but facilities must be up to date
Global warehouse demand is expected to pick up at the end of the year, according ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
CNBC reports:
More than 1,200 Amazon delivery drivers have been laid off in recent months after the company cut contracts with several small delivery companies across the country.
Amazon informed at least seven firms that are a part of its delivery service partner, or DSP, program that it was severing their contracts. The companies announced they’d be laying off approximately 1,205 drivers and pulling out of Amazon facilities in Worker Adjustment and Retraining Notification, or WARN, filings submitted this month and in recent months to state officials. The WARN Act requires employers to provide advance notice, generally within 60 days, of mass layoffs and plant closings.
Amazon’s DSP program, launched in 2018, has allowed the company to quickly scale up its last-mile delivery capabilities and compete with shipping partners such as UPS and FedEx. DSPs are contracted delivery providers, usually distinguishable by Amazon-branded cargo vans, that are responsible for picking up packages from Amazon delivery stations and dropping them off at doorsteps.
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