UPS said in August that the heated discussions caused about 1.2 million packages per day of lost volume — either directly to competitors or new business that didn’t occur.
The financial collapse of Yellow, the third-largest less-than-truckload carrier in the U.S., will incur some challenges in the transportation world that people might not have considered.
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.
Now is the perfect time for shippers to reevaluate what they need from carriers — and that doesn’t always include the biggest freight brands in the business.
Founded more than 80 years ago, Barrett Distribution Centers gets up to speed in managing inventory for fulfilling e-commerce orders, thanks to the use of autonomous drones.
The latest news, analysis, services and systems regarding express and small shipments and their 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 thanks, in part, to the boom in e-commerce. New technologies that provide information during express and small shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using express shipping solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.