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, ...
Just over $1bn spent in M&A to acquire Coyote, a deal that is expected to close by the end of the year, and about $800m of market value added in six trading sessions for tech-enabled truck brokerage RXO since it disclosed the purchase from UPS.
Now crucially contributing to strengthen the value-accretive case for the original XPO Logistics break-up that took place almost three years ago, with GXO Logistics the first to start trading as a standalone entity, RXO is certainly ...
European port congestion now at five-to-six days, and getting worse
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'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
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