Resource Center/Article05/25/2021

Carriers Amp Up Hiring with Margin Focus, E-Commerce Level Remains

E-commerce shipping volume remains high, leaving carriers to increase hiring and remain tightly focused on financial margins.

FedEx forms a partnership with Adobe Commerce to dive deeper into e-commerce, while also announcing the FedEx E-Commerce Learning Lab. On top of all that, the company is working to reduce debt by 11% while simultaneously going on a hiring spree due to the continuous steady increase of online shopping.
UPS releases their 1Q 2021 earnings and is getting quite an upgraded rating on its stocks. TFI International seeks closer ties to the carriers, and UPS sees some drivers speak out against long hours as Americans continue to ship more gifts across Spring/Summer holidays rather than meet in person due to COVID-19 concerns. On a lighter note, UPS helps dreams come true.
LTL CARRIER NEWS
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