UPS News Explorer
Stay informed with the latest market news and analysis about UPS
2024-11-10
Trump Is Expected to Upend Biden Labor Policies Favoring Unions
Nov 10, 2024, 5:03 AM
After gains by organized labor under President Biden, a second Trump administration is likely to change course on regulation and enforcement.
2024-10-20
Tesla, Boeing, UPS highlight earnings rush: What to know this week
Oct 20, 2024, 7:32 AM
Investors can expect key earnings from Tesla and Boeing as well as consumer sentiment data in the week ahead.
2024-10-04
US port strike ends leaving huge cargo backlog to be cleared
Oct 4, 2024, 2:02 AM
(Reuters) -U.S. East Coast and Gulf Coast ports began reopening on Thursday night after dockworkers and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time. The International Longshoremen's Association (ILA) workers union and United States Maritime Alliance (USMX) port operators announced the deal and an immediate end to the strike late on Thursday. Shares in shipping companies in Asia fell heavily across Asia.
Vice President Harris says tentative dockworker agreement 'indicates progress toward strong contract'
Oct 4, 2024, 3:53 AM
Dockworkers are returning to work on Friday after reaching a tentative agreement and Vice President Harris says, "this indicates progress towards a strong contract."
2024-10-01
Port strike union leader Harold Daggett: What to know
Oct 1, 2024, 7:42 PM
What to know about International Longshorman's Association President Harold Daggert, the union's chief negotiator as dockworkers strike at ports across the U.S.
Biden Scrambles to Contain Economic and Political Fallout of Port Strike
Oct 1, 2024, 2:51 PM
The labor dispute has forced President Biden and Vice President Kamala Harris into a complicated position just weeks before the election.
Michael Lee Strategy founder Michael Lee explains the impact of the port strikes on the market and the economy and weighs in on the upcoming vice presidential debate.
Port Strike Begins on East and Gulf Coasts
Oct 1, 2024, 12:44 AM
Members of the International Longshoremen’s Association walked out for the first time since 1977 in a standoff over wages, benefits and job security.
2024-09-30
Dockworkers Strike at U.S. Ports Could Begin Tuesday
Sep 30, 2024, 5:06 AM
Members of the International Longshoremen’s Association could walk off the job, halting most shipments at East and Gulf Coast ports and rattling the U.S. economy.
2024-09-24
An East Coast Port Strike Could Shake the Economy
Sep 24, 2024, 5:05 AM
Businesses are preparing for a strike by dockworkers on the East and Gulf Coasts, which could begin Oct. 1 if negotiations don’t yield a new contract.
2024-08-29
Postal Service Overhaul Runs Into Challenges
Aug 29, 2024, 1:31 PM
Louis DeJoy, the postmaster general, defended the 10-year plan to stabilize the agency’s finances, although he acknowledged that officials had faced initial challenges.