CP's offer reportedly included a 6% wage increase in the first year of the contract, 3% in year two, and then another 2% in each of years three of four.
Speaking in front of Congress, Package Shippers Association CEO Jim Cochrane claimed that DeJoy's sweeping 10-year plan is pushing the USPS away from its core mission.
Despite acknowledging the importance of sustainable packaging, it's still not a priority for the vast majority of global consumers when it comes to making purchasing decisions.
The contract includes a 15.75% wage increase over the life of the deal, pension increases for hourly workers, and new language surrounding the use of AI and automated technology.
Although it typically provides a full-year forecast, FedEx said it would only share its outlook for the current quarter due to the “uncertain global demand environment.”
Uncertainty surrounding tariffs is forcing shippers to take fresh approach to their relationships with parcel carriers, says Bill Taylor, chief marketing officer with Reveel.
The latest news, analysis, services and systems regarding express and small shipments and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before thanks, in part, to the boom in e-commerce. New technologies that provide information during express and small shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using express shipping solutions to power their supply chains.
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