UPS pilots agree concessions
UPS, stung by tumbling demand for air package shipments, said its pilots union agreed to $131m in concessions during the next three years to avoid layoffs, report Bloomberg.
Read MoreUPS, stung by tumbling demand for air package shipments, said its pilots union agreed to $131m in concessions during the next three years to avoid layoffs, report Bloomberg.
Read MoreFedEx Corp will launch a campaign attacking main rival UPS over a bill in Congress that FedEx said amounts to a bailout for UPS, report Reuters.
Read MoreUPS has bought a unit of Slovenia-based small package delivery firm Intereuropa Globalni Logisticni Servis.
Read MoreThe US House of Representatives passed a bill that would make it easier for unions to organise FedEx workers.
Read MoreA deadline is approaching for the UPS pilots union to present ideas for saving $131m in wages over the next three years.
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