Tariff exposure round-up – Fedex, UPS, CH Robinson & Expeditors
…and the Class I railroads?
KO: ABOUT ALL THAT TARIFF NONSENSEKO: PROCUREMENTKO: TARIFFS AND IMPACT OUTSIDE OF THE USKO: TARIFFS AND IMPACT IN THE USKO: TRADING UPDATE HD: DIY RE-PRICINGZIM: A RISING TIDE LIFTS ALL BOATSTSLA: CHINA THREATDAC: KEY REMARKSDAC: SURGING GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELD
KO: ABOUT ALL THAT TARIFF NONSENSEKO: PROCUREMENTKO: TARIFFS AND IMPACT OUTSIDE OF THE USKO: TARIFFS AND IMPACT IN THE USKO: TRADING UPDATE HD: DIY RE-PRICINGZIM: A RISING TIDE LIFTS ALL BOATSTSLA: CHINA THREATDAC: KEY REMARKSDAC: SURGING GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELD
CNN reports:
Ahead of a looming UPS nationwide strike, Teamsters union President Sean O’Brien said during a rally speech in Atlanta Saturday, “We’ve organized, strategized, now it’s time to pulverize.”
Speaking with CNN’s Isabel Rosales, O’Brien said 95% of the contract has been negotiated, and “now we’re down to economics, and UPS knows they need to pay our members, especially the part-timers.”
A UPS spokesperson has said part-timers receive the same benefits as full-time workers. However, they do make less than full-time employees who make, on average, $95,000 a year, as CNN previously reported. Part-timers start by earning $16.20 an hour and are eligible for a higher hourly rate after 30 days. On average, part-time workers make $20 an hour, according to the spokesperson.
When asked what happens if a deal is not reached by July 31, O’Brien said they would withhold their labor on August 1 at 12:01 a.m.
“UPS represents our members that deliver goods and services that deliver 7% of gross national product,” O’Brien added. “So, the [UPS] supply chain solutions will take a huge hit.”
The full post can be read here.
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