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Stock impact report

U.S. port's supply chain fix challenge: selling 24/7 shifts [Reuters]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Reuters
Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson/File Photo LOS ANGELES, Oct 14 (Reuters) - The Port of Los Angeles is beginning the hard work of convincing terminal operators, importers, warehouses owners and trucking firms to embrace moving more cargo at night. "It's not a single lever we can pull today to open up all the gates," Executive Director Gene Seroka said on Thursday. On Wednesday, the White House gathered stakeholders including retailers Walmart (WMT.N) and Home Depot (HD.N) , logistics firms United Parcel Service (UPS.N) and FedEx (FDX.N) , and electronics supplier Samsung (005930.KS) . The companies pledged to use more overnight workers to ease the backups at the Los Angeles and Long Beach port complex that is the No. 1 gateway for trade with China. read more We're "trying to squeeze every minute, every hour of efficiency out Show less Read more
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