From Robinson to Expeditors & UPS via K+N & DSV – the ladder is burning
Jobs most at risk in T&L? AI, layoffs and the broken talent pipeline
UPS: REMEMBER THE TAILWINDS PLD: OUCHVW: NEW PARTNERS SOUGHTEXPD: AIRCRAFT ON GROUND SERVICESTSLA: JUST AS VW STRUGGLESBA: NEW BIG ORDERBA: THE ORDERBOOK GROWSPLD: PUSHING FOR A DEAL PLD: TIME TO DEALEXPD: ANOTHER ALL-TIME HIGH CHRW: NEW RECORD DSV: AHEAD OF EARNINGS RELEASE JBHT: NEW HIGHS EVERYWHEREPLD: STRONG DELIVERYJBHT: FAIR-VALUE CONSENSUS ESTIMATE AT ALL-TIME HIGH
UPS: REMEMBER THE TAILWINDS PLD: OUCHVW: NEW PARTNERS SOUGHTEXPD: AIRCRAFT ON GROUND SERVICESTSLA: JUST AS VW STRUGGLESBA: NEW BIG ORDERBA: THE ORDERBOOK GROWSPLD: PUSHING FOR A DEAL PLD: TIME TO DEALEXPD: ANOTHER ALL-TIME HIGH CHRW: NEW RECORD DSV: AHEAD OF EARNINGS RELEASE JBHT: NEW HIGHS EVERYWHEREPLD: STRONG DELIVERYJBHT: FAIR-VALUE CONSENSUS ESTIMATE AT ALL-TIME HIGH
As the market gets increasingly tough for tech companies, those that invested in e-commerce during Covid are beginning to find themselves with buyers’ remorse. Last week PayPal sold its Happy Returns subsidiary to UPS, while earlier this year Affirm shifted its Returnly unit, reports Modern Retail, noting that reverse logistics is hard to do. “These deals were not a natural fit for tech companies because of gaps in their understanding of the physical world of logistics and shipping.”
Indeed.
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