The package carrier took an extra hit last quarter from its contract talks with the Teamsters union, which UPS says resulted in $1 billion in lost revenue.
The filing comes nearly three years after the airline tapped the junk bond market for the first time in summer 2020 amid the pandemic-era boom and cheap credit.
The latest news, analysis, services and systems regarding air cargo and its impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through air cargo solutions. New technologies that provide information during air shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As air cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using air cargo solutions to power their supply chains.
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