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The maritime industry breathed a sigh of relief as West Coast ports inked a labor agreement. The next challenges: the effects of climate change, a tepid global economy, new environmental regs, and a looming capacity glut.
The maritime industry breathed a sigh of relief as West Coast ports inked a labor agreement. The next challenges: the effects of climate change, a tepid global economy, new environmental regs, and a looming capacity glut.
UPS and the Teamsters Union reached a tentative agreement this week on a new labor deal. What will this mean for shippers, and how will other carriers respond? Plus: Prospects look good for 2024 warehouse projects; extending the lives of robots.
UPS and the Teamsters Union reached a tentative agreement this week on a new labor deal. What will this mean for shippers, and how will other carriers respond? Plus:Prospects look good for 2024 warehouse projects; extending the lives of robots.
Index expects first positive QoQ truckload trend since Q1 2022, while potential Yellow collapse casts uncertainty over sagging LTL market and prolonged Teamsters-UPS negotiations threaten disruption for parcel
Summer is shaping up to be one for the history books as the market contends with UPS’s labor negotiations, FedEx’s restructuring, downshifting consumer spending, and slackening parcel demand.
Summer is shaping up to be one for the history books as the market contends with UPS’s labor negotiations, FedEx’s restructuring, downshifting consumer spending, and slackening parcel demand.