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Alexandria Ocasio-Cortez Visits UPS Hub As Strike Looms, $7 Billion In Losses In 10 Days If Drivers Walk Out
Sunday, July 16, 2023 - 4:27pm | 740Rep. Alexandria Ocasio-Cortez (D-NY) stopped by a Queens United Parcel Service (UPS) (NYSE: UPS) hub on Saturday to show support for workers who authorized their union on Friday to call a strike as soon as Aug. 1. Contract talks broke off this week with...
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FedEx And UPS Grapple With An Unfavorable Environment
Wednesday, June 21, 2023 - 11:47am | 763On Tuesday, FedEx Corporation (NYSE: FDX) posted its fiscal 2023 fourth-quarter results with shares falling 3.1% in premarket trading on Wednesday, after a revenue miss and weak profit guidance due to a continuously weakening demand and cost inflation pressures. What’s even more...