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FedEx Hires Aircraft Leasing Executive John Dietrich as CFO

FedEx Corp. hired John Dietrich, the former head of an aircraft leasing company, as its new chief financial officer amid a sweeping plan to restructure the package delivery giant.

July 17, 2023

UPS to Train Nonunion Employees to Deliver Packages

UPS Inc. plans to train nonunion employees to deliver packages in the event of a labor disruption in the U.S., underscoring the potential for a strike as a crucial negotiating deadline nears.

July 14, 2023

Port Charleston Freight Tied to Averitt Express Expansion

South Carolina state officials have welcomed a $4.58 million expansion by Averitt Express of its operations in Charleston County to meet freight needs from the Port of Charleston.

July 14, 2023

UPS-Teamsters Negotiations Remain Stalled

UPS on July 11 pushed to Aug. 8 the release date for its second-quarter financial report, a week after its labor contract with the International Brotherhood of Teamsters is set to expire.

July 13, 2023

UPS Schedules Later Release of Midyear Earnings

UPS Inc. investors will wait longer than usual to hear from CEO Carol Tomé this quarter as the company works to avoid a harmful worker strike.

July 11, 2023

Fleets Tackle Parts Shop Organization

Fleets share strategies on how to maintain parts inventory to eliminate downtime and other inefficiencies.

July 14, 2023

Yellow Gains Financial Targets Waiver

Yellow Corp. will not have to meet certain financial targets under a deal with its lenders, winning valuable breathing space as it battles the Teamsters union and the threat of bankruptcy.

July 10, 2023

Analysts: Walkout at UPS Would Have Deep Impact on Economy

A strike by UPS workers if a new labor agreement isn’t reached with the Teamsters would hold significant implications across the supply chain, industry analysts said.

July 10, 2023

Knight-Swift Closes Acquisition of U.S. Xpress

Knight-Swift Transportation Holdings closed on its previously announced acquisition of U.S. Xpress Enterprises, the company announced July 5.

July 5, 2023

UPS-Teamsters Talks Break Down

Negotiations on a new labor deal between UPS Inc. and the Teamsters stalled July 5 after showing promise over the weekend, renewing concern that workers could strike at the end of the month.

July 5, 2023