According to supply chain data released on Tuesday, 3 January, transportation pricing experienced a new "sharpest rate of contraction" in December. During the month, the Logistics Managers' Index (LMI), a monthly survey of supply chain executives, showed a 36.9 reading for transportation prices. The rate of decline was the fastest...
Will UPS close its doors if the Teamsters union goes on strike?
The Teamsters went on strike at UPS Inc. in August 1997, the first non-wildcat strike in the relationship's long history. UPS closed its massive U.S. ground delivery network rather than risk permanently damaging its reputation with customers, despite having an all-Teamsters labor force and no plans to call in replacement...
TuSimple is working to improve its boardroom deficiencies.
TuSimple Holdings, the developer of self-driving trucks, took steps Friday to fill corporate governance gaps, naming two additional independent directors and making its interim CFO permanent. The company also indicates that layoffs could begin as soon as next week. The governance changes are required to ensure TuSimple, based in San...