Creating value by improving service and reducing costs through the application of creative transportation, logistics, and business solutions.
Sadly, more layoffs announced at UPS. This time at a major air hub, Ontario California. The interesting part is the sort that is being eliminated, the sunrise. (generally, 0400-0800) Past layoff announcements at UPS focused on the day sorts (generally, 1200-1600) at ground hubs. The predominant product handled at air hub sunrise sorts is second day air. This product is not broken out in company financials and is included in the “deferred” category. Second day air makes up the vast majority of deferred. As one can see from the graphic for the deferred category for both FedEx and UPS, things do not paint a rosy future. Takeaway: Macroeconomic headwinds, combined with shifting consumer preference for lower cost shipping options, portend continued tough times for the deferred category. #fedex #ups #parcel
Leading Fleet Management Expert with Strategic Sales Acumen
6moDid they all over expand or is inflation catching up and people / businnesses are buying fewer goods such as apparel?