Hints and tips:
...In European countries experiencing recessions, demand for express services fell....
...It delivers about a quarter of American parcels. UPS trucks haul the equivalent of 6 per cent of the country’s gross domestic product....
An industry-wide fall in package volumes after two years of strong demand means the outlook is nothing to write home about
...One potential conflict arises from a mutual fund’s need to sell shares if it faces redemptions, incurring trading costs, while an ETF can instead hand a parcel of securities to an authorised participant,...
...Moritz, who co-authored a book on leadership with former United manager Sir Alex Ferguson....
...Competitors have echoed that concern, with Mike Parra, chief executive of DHL’s Americas business, saying that other parcel delivery services would not be able to pick up the slack....
...UPS, the parcel delivery group, held a job fair in Long Island, New York this month....
...Speaking to banking editor Stephen Morris at the FT’s global banking summit last week, Anil also said that financial crime was an “industry challenge”....
...Parcel analytics company ShipMatrix has predicted that 89.8m parcels will be delivered daily in the peak season between Thanksgiving and Christmas, up from 79.1m for 2020 and 65.3m in 2019....
...A number of European and US financial services companies have suspended operations in Russia because such links have become politically toxic as the war in Ukraine intensifies....
...Competition in the parcel deliveries industry can only get stiffer given Amazon’s own ambitions. Labour and fuel cost pressures are expected to persist....
...“Governments in other countries have successfully designed policies to ensure the safe deployment of 5G technology and we’re simply asking the US government to do the same,” United said in a statement....
...Brookfield Asset Management, whose eclectic $690bn portfolio includes office towers, gas pipelines and a nuclear services company, is not quite the world’s biggest investment firm — but it may be the most...
...As ever, reach out to us with your thoughts (imani.moise@ft.com and sid.v@ft.com). Thanks, and happy reading....
Delivery group’s international head says manufacturing and assembly will become more regional
...“There may be isolated shortages of goods and services in the coming months. But there is an ample supply of goods....
...He used the company’s expanded facility at East Midlands cargo airport, which can process 22,500 parcels an hour, as an example....
...Hsu Chun-yuan, chief business development officer of United Integrated Services, a leading cleanroom builder for TSMC and rival chipmaker Micron Technology, told Nikkei that “sources of fluoropolymers are...
...Similarly, the principality of Monaco forces all parcel carriers to use a single site, with just one company providing final delivery....
Covid-19 has changed the economics of package deliveries and allowed couriers to raise prices
...United Parcel Service, considered an economic bellwether, reported a jump in quarterly profits and revenues as pandemic lockdowns drove a surge in online shopping and residential deliveries....
...Amazon’s third-party shipping service has the potential to become big business....
...UPS has appointed Carol Tomé to succeed David Abney as its chief executive officer, turning to a former Home Depot executive to steer the parcel delivery company through the turbulence of trade wars, technological...
...Mr Abney, announcing his last earnings before retiring from the parcel delivery company, said he had never seen such “demand variability” in his 46-year career....
...Measuring happiness is subjective, but that hasn’t stopped a host of public and private bodies – from the United Nations to American asset management company Mercer – from giving it a go....
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