FedEx Anticipates No Benefit from UPS-Teamsters Negotiations

Network AssociationBehind the Wheel
Written By Jennifer Joslyn

📦 FedEx Anticipates No Benefit from UPS-Teamsters Negotiations.

FedEx does not expect any significant benefits from the ongoing labor negotiations between UPS and the International Brotherhood of Teamsters, according to EVP and Chief Customer Officer Brie Carere. Despite potential concerns among UPS shippers, FedEx remains focused on its strong value proposition and engaging with legacy UPS customers to drive sales. While negotiations between UPS and the Teamsters have made progress, FedEx's performance in the fiscal year 2024 will depend on various external factors, including economic conditions, trade activity, inventory restocking, and e-commerce trends.

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Jennifer Joslyn
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