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American Airlines said Thursday second-quarter cargo revenue fell nearly 40% year over year, hours after United Airlines reported a 37% drop in sales from shipments carried in the lower hold of its passenger fleet. Cargo performance at the Big Three U.S. airlines is now worse than it was in 2019, before the pandemic. The disappointing…
More than two dozen Senate Democrats have told UPS and the Teamsters union that they will not intervene in the event the Teamsters strike UPS on Aug. 1. In a letter sent late Wednesday to Teamster General President Sean O’Brien and UPS (NYSE: UPS) CEO Carol B. Tomé, the senators expressed hope that both sides…
Significant attention has been given to advancing warehouse management systems (WMS) in the FreightTech landscape, revolutionizing operations within physical buildings for enhanced transparency and optimization. However, yard management systems (YMS) have received less investment, and their innovations have been relatively dormant compared to WMS. YMS has traditionally relied on manual processes with limited technological support….
Time is running short for a handshake agreement to avert a nationwide Teamsters union strike against UPS Inc. threatened for Aug. 1. Talks broke off July 5 and will resume next week. Shippers that haven’t made contingencies could be up against the wall. Some will simply brace for service disruptions and undelivered packages, which could…