Teamsters union vows UPS will be 'in for a hell of a fight' over jobs cull
“UPS will be in for a hell of a fight” said the Teamsters Union yesterday, ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
Surging online deliveries are creating backlogs in US supply chains with both Walmart and UPS reporting delays as Christmas orders rack up. Reuters reports that “soaring” online orders led to blockages in the distribution network of the world’s largest retailer. The problem seems to stem from the Thanksgiving period. And, despite months, of preparation, networks seem incapable of managing the spike that accompanies the Black Friday and Cyber Monday promotions. The same was true for UPS with The Chicago Tribune noting that online orders “overwhelmed” the company’s network.
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