article thumbnail

Teamsters Labor Union Ratifies UPS Labor Agreement

Supply Chain Matters

According to reporting by The Wall Street Journal , the parcel and logistics services provider has indicated an effort to win back more than $7 billion of revenue opportunities that includes both customer diversion and new business opportunities that were sidelined during labor talks. The adjusted operating margin is forecasted to be 11.8

article thumbnail

What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

That will have a direct impact on the dynamics of global container shipping, airfreight and logistics networks. Our overall theme for industry and global supply chains for 2023 is a Year of Adaptation, Realignment and Response to Economic and Geopolitical Forces. Global Wide Transportation and Logistics.