UPS Teamsters Strike Deal to Raise Wages Avoid Walkout

UPS Teamsters Strike Deal to Raise Wages Avoid Walkout

UPS and the Teamsters have reached a tentative five-year agreement, averting a potential strike. The agreement includes historic wage increases, wage improvements for part-time employees, and improved working conditions. However, the agreement is still subject to approval by union members. The agreement may lead to higher shipping rates and have a significant impact on the market. This deal addresses key concerns raised by the Teamsters, focusing on worker compensation and quality of life while working for UPS. The ratification vote will determine the final outcome.

01/21/2026 Logistics
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UPS Strike Threatens Supply Chains As Contingency Plans Emerge

UPS Strike Threatens Supply Chains As Contingency Plans Emerge

UPS and the Teamsters' labor negotiations have stalled, increasing the risk of a strike. UPS has initiated contingency plans to address a potential work stoppage. The Teamsters are demanding higher wages, improved benefits, and better working conditions. A strike could disrupt supply chains, increase transportation costs, and slow economic growth. Businesses and consumers need to adopt alternative solutions and coping strategies. Both parties need to negotiate rationally to avoid a strike and maintain economic stability.

01/21/2026 Logistics
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US Port Labor Talks Resume As Strike Threat Looms

US Port Labor Talks Resume As Strike Threat Looms

The International Longshoremen's Association and the United States Maritime Alliance have resumed labor negotiations to avert a potential strike that could cripple ports along the U.S. East and Gulf Coasts. The central dispute revolves around port automation, particularly the use of semi-automated gantry cranes, requiring a balance between efficiency and job security. Businesses should diversify sourcing, stockpile inventory, and adjust transportation routes to mitigate potential supply chain disruptions. The outcome of these negotiations will significantly impact trade and logistics across the region.

01/27/2026 Logistics
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Retailers Adapt to Trump Tariffs and Port Strike Threats

Retailers Adapt to Trump Tariffs and Port Strike Threats

The retail industry faces a double whammy of challenges: Trump's tariff policies and the risk of port strikes. Retailers can effectively manage these risks and seize growth opportunities by diversifying their supply chains, refining inventory management, embracing digital transformation, and enhancing customer experience. The NRF calls on the government and labor unions to reach an agreement as soon as possible to ensure supply chain stability. These strategies are crucial for navigating uncertainty and maintaining competitiveness in a volatile global landscape.

01/27/2026 Logistics Industry Insights
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Manzanillo Port Strike Causes Major Import Delays in Mexico

Manzanillo Port Strike Causes Major Import Delays in Mexico

A strike at the Port of Manzanillo has halted import cargo acceptance, triggering a supply chain crisis in Mexico. Trucking is disrupted, significantly impacting cross-border trade, food distribution, and e-commerce deliveries. Businesses should reroute shipments, postpone travel, assess operational risks, or consider air freight alternatives. This event highlights supply chain vulnerabilities, urging companies to enhance supply chain flexibility and resilience. The port closure underscores the need for proactive risk management and diversification strategies to mitigate future disruptions and ensure business continuity.

01/27/2026 Logistics
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West Coast Ports Secure Early Labor Deal Averting Strike

West Coast Ports Secure Early Labor Deal Averting Strike

The Pacific Maritime Association proposed a three-year contract extension to the International Longshore and Warehouse Union, aiming to avert another economic crisis caused by West Coast port labor disputes. The agreement covers key issues like wage increases, pension contributions, and healthcare benefits, but union approval faces challenges. Automation and regulation are long-term challenges requiring collaborative solutions between labor and management to achieve mutual benefit and ensure supply chain stability. The proposed extension seeks to maintain operational efficiency and prevent disruptions that could negatively impact the national economy.

01/29/2026 Logistics
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Coasttocoast US Port Strike Risks Prompt Business Insurance Warnings

Coasttocoast US Port Strike Risks Prompt Business Insurance Warnings

A potential strike at US East Coast and Gulf Coast ports looms, with Marsh warning of potentially devastating impacts on the global economy. Businesses should proactively implement risk management measures to mitigate disruptions. This includes diversifying sourcing, optimizing inventory management, strengthening logistics partnerships, and purchasing relevant insurance products. Companies should closely monitor labor negotiations to prepare for potential port stoppages and minimize the impact on their supply chains. Taking proactive steps is crucial to navigating this period of uncertainty.

01/29/2026 Logistics Industry Insights
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Retailers Seek White House Help Amid Dockworker Strike Fears

Retailers Seek White House Help Amid Dockworker Strike Fears

The National Retail Federation (NRF), along with 177 trade associations, is urging the White House to intervene in the labor negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) to avert a potential strike at the end of September. A strike would severely disrupt supply chains, impacting the retail industry, consumers, and the overall economy. The NRF emphasizes that the White House should draw on past successful interventions to facilitate an agreement, ensuring smooth port operations and cargo transportation to avoid an economic crisis.

01/29/2026 Logistics
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Postal Savings Bank of China Simplifies SWIFT Codes for Global Transfers

Postal Savings Bank of China Simplifies SWIFT Codes for Global Transfers

This article provides a comprehensive analysis of the SWIFT code system of the Postal Savings Bank of China (PSBC), focusing on the head office code PSBCCNBJXXX and its applicable scenarios. It also explains the specificities and inquiry methods for branch codes. Furthermore, the article details the precautions and frequently asked questions related to cross-border remittances, aiming to offer readers a clear and practical guide. It covers key aspects for understanding and successfully navigating international money transfers with PSBC.

09/03/2025 International Settlement
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Amazon Sellers Advised to Optimize US Postal Codes for Faster Deliveries

Amazon Sellers Advised to Optimize US Postal Codes for Faster Deliveries

This article details the Amazon US zip code address format, emphasizing its importance in accurate delivery and optimized search ranking. It recommends practical zip code lookup tools and provides filling guidelines to help sellers avoid zip code errors, improve operational efficiency, and tap into the US market. Understanding the correct zip code format is crucial for ensuring packages reach their destination promptly and for enhancing product visibility on Amazon's platform. Avoid costly mistakes and boost your sales with this comprehensive guide.

01/26/2026 Logistics Encyclopedia
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