Spot rates surge again as carriers push through fresh July hikes
A series of container freight spot rate hikes and general rate increases implemented on 15 ...
The good ship UPS was already “battening down the hatches” when the tariff storm hit.
It previously embarked on a multi-year cost-reduction programme with station closures and widespread redundancies; and continues the process of disentangling itself from its contracts with Amazon – the Amazon glide down; and the phase-in of its Ground Saver service offering a lower-priced, “less-express” service to SME shippers.
Then came the tariffs and the associated de minimis change, the effects of which began to be manifested in its ...
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