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 ...
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The profile of the express air cargo market is fundamentally changing, according to this report from ATW. Whereas the original remit for the likes of UPS and FedEx was focused on the business to business (B2B) market, UPS chief financial officer Richard Peretz said business to consumer (B2C) made up 63% of the volume of its deliveries in December. However, the report warns that while new markets may be popping up, the promise they offer is significantly less valuable than the ...
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