Red Sea crisis could jeopardize inflation fight as shipping costs spike globally
JPMorgan told clients the fight against inflation could stall in the coming months if shipping costs push the price of goods higher.
Source: nbcconnecticut.com
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Red Sea crisis could jeopardize inflation fight as shipping costs spike globally
JPMorgan told clients the fight against inflation could stall in the coming months if shipping costs push the price of goods higher.
Source: nbcmiami.com
Ocean freight rates climb as 6 of top 10 container lines now avoid Suez Canal
Avoiding violent Red Sea route adds 7 to 14 days extra transit time, but RILA says holiday inventory is already on U.S. shelves
Source: dcvelocity.com
UPS customers weigh backup plans as threatened strike date approaches
With a little more than three weeks until UPS workers’ threatened strike date arrives, businesses that rely on the nation’s largest package carrier have been considering their plan Bs.
Source: yahoo.com
UPS drivers on track to get air-conditioned trucks for the first time
The package carrier reached a tentative deal with Teamsters leaders representing 340,000 employees to address long-standing heat-related concerns in contract talks now underway.
Source: nbcnews.com