Warning to forwarders: a perfect storm on the horizon for US supply chains

© MartinBergsma

The US supply chain faces several challenges, including decreasing product demand, the war in Ukraine and rising inflation. However, a potential UPS strike – along with a chance that Yellow Freight goes insolvent – could create a perfect storm, with disastrous economic consequences.

UPS is the largest package delivery company in the world and it handles a significant portion of the freight traffic in the US. If UPS was to go on strike, it would immediately disrupt the delivery of goods ...