UPS has been stressing profitability over volume but the drop in revenue was a surprise.

Freight carriers are seeing the impact, as the number of big and bulky shipments declines and retail customers continue to pare inventories and push back restocking.

UPS argues that it already pays its workers, especially drivers, much more than competitors.

lobal labor-productivity growth in construction has averaged just 1% per year over the past two decades, compared with growth of 2.8% for the total world economy.

Regional and other carriers still have less than 10% of the U.S. market, but the share is growing.

The goods we consume today require complex logistics processes in urban areas. If not planned adequately, they can negatively affect urban sustainability.

The situation is highly significant, as Royal Mail is deemed critical to the U.K. economy.

The move is the latest step in FedEx’s effort to reduce costs, improve efficiency and deal with a decline of package volume as people return to shopping at retail stores.

Amazon for years has worked to expand its e-commerce success beyond its own webstore.

Retailers must rely on digital tools to help manage and optimize their operations impacted by inflation.