Posts tagged Pitney Bowes Parcel Shipping Index

    News Article ● Labor Strike Unions

    Michigan businesses urged to prepare for UPS strike by Teamsters

    July 21, 2023 // So just how big is UPS to cause such concerns? It transports about 6 percent of the nation’s gross domestic product. When it comes to total revenue from the nation’s domestic shipping, the U.S. Postal Service had the largest share at 32 percent in 2022 followed by UPS at 24 percent, Amazon Logistics at 23 percent, and FedEx with 19 percent, per the Pitney Bowes Parcel Shipping Index. UPS averaged 24.3 million parcels a day last year and 6.2 billion for 2022, which generated a company record $100.3 billion in revenue,

    air conditioning Amazon Anderson Economic Group Collective bargaining agreements consumer goods delivery Detroit Regional Chamber ebay FedEx GM intermediate goods inventory just-in-time labor movement Michigan Michigan Chamber of Commerce Pandemic part-time Pitney Bowes Parcel Shipping Index post office President President Biden private sector Sean O'Brien Small Business Association of Michigan Strike Supply chain Teamsters two tier UAW UPS wage work stoppage