Global Freight Recession Drives UPS Profits Down by Over 30%
Softened pricing, heightened labor cost, and a freight demand pullback are battering the shipping sector. And add to that dynamic operating landscape the recent delays as a result of the CrowdStrike-led Microsoft outage late Thursday (July 18). United Parcel Service (UPS) has been particularly impacted by the bearish market, reporting Tuesday (July 23) during its […]
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