UPS stock falls after delivery giant cuts revenue outlook

[ad_1] A UPS driver pulls a cart with packages while making deliveries on June 12, 2023 in San Francisco, California.  Justin Sullivan | Getty Images Shares of the United Parcel…

The inside story of Dave Clark’s tumultuous last days at Flexport: Standoffs, politics, and spin

[ad_1] Dave Clark (L) and Ryan Petersen (R) Getty Images On Sept. 13, Flexport founder Ryan Petersen took the stage at North America’s premier supply chain conference in Phoenix. It…

UPS to hire 100,000 holiday workers with Teamsters pay bump

[ad_1] A UPS worker sorts packages in New York on Dec. 18, 2017. Adam Jeffery | CNBC UPS plans to hire more than 100,000 seasonal workers again this year to…

With flurry of FAA approvals, drones are about to fly much farther over U.S. skies

[ad_1] A rendering of P2 Zips charging at a docking station. Zipline This week, drone delivery company Zipline was granted Federal Aviation Administration approval to fly drones beyond the visual…

More companies, especially airlines, warn higher costs will eat into profits

[ad_1] An American Airlines 787 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC More companies are warning that a surge in the cost of fuel and employee pay…

UPS CEO sells investors on new labor contract as company sees stock slide ahead of holiday peak

[ad_1] UPS CEO Carol Tome introduces U.S. President Donald Trump for an event at a UPS facility at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S., July 15, 2020.  Jonathan…

Labor unions are pushing hard for double-digit raises and better hours. Many are winning

[ad_1] Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC From writers’ rooms…

UPS workers approve massive new labor deal with big raises

[ad_1] David Paul Morris | Bloomberg | Getty Images UPS workers ratified a massive five-year labor deal that includes big wage increases and other improvements to work rules and schedules,…

UPS CEO says drivers will average $170,000 in pay and benefits at end of 5-year deal

[ad_1] A UPS driver pulls away after making a delivery in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images UPS‘ CEO said drivers will average $170,000 in pay and…

No more freebies: Companies crack down on customer perks and rewards

[ad_1] Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023.  Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting…