Trucking firm Yellow explores alternate bankruptcy loans
By Dietrich Knauth NEW YORK (Reuters) -Bankrupt trucking company Yellow Corp will not seek court approval to borrow $142.5 million
2023-08-10 04:00
Costs from supply chain disruptions drop by over 50% but headwinds remain -survey
Financial losses due to supply chain disruptions dropped over 50% on average in 2022, compared with a year
2023-08-09 18:47
Teamsters union pushes for US bankruptcy reform after Yellow's collapse
By Dietrich Knauth NEW YORK The International Brotherhood of Teamsters on Tuesday called for changes to U.S. bankruptcy
2023-08-09 05:55
UPS driver pay deal in US to be worth $170,000 a year, firm says
The shipping giant warns of lower profits after it agreed a deal to avert a US drivers' strike.
2023-08-09 02:45
UPS Cuts Forecast With Labor Costs Set to Rise After Union Deal
United Parcel Service Inc. lowered its full-year profit forecast as the courier contends with shifting consumer habits and
2023-08-08 18:50
SoftBank reports mixed quarter, says 'timidly' restarting investment
By Anton Bridge TOKYO (Reuters) -Japan's SoftBank Group posted a surprise loss but said it was dipping its toes back
2023-08-08 18:50
UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply
UPS reported a sharp drop in revenue and profit in the second quarter. The company also cut its profit forecast, expecting narrower margins in the wake of its tentative deal with the Teamsters union.
2023-08-08 18:46
UPS cuts revenue view on lower e-commerce demand, new labor contract
(Reuters) -United Parcel Service on Tuesday cut its 2023 revenue and margin forecast, hurt by softening e-commerce demand and an
2023-08-08 18:25
Why has Ireland got so much surplus cash?
The Republic of Ireland is predicted to have a €65.2bn (£56.3bn) budget surplus by 2027.
2023-08-08 13:46
EV firm Proterra files for Chapter 11 bankruptcy
(Reuters) -Electric vehicle company Proterra has filed for Chapter 11 bankruptcy protection in the United States, according to a court
2023-08-08 05:50
Campbell Soup Company buys Sovos Brands, maker of Rao's for $2.7 billion
Iconic canned soup company Campbell is expanding its reach in the Italian food market.
2023-08-08 05:25
Lucid misses revenue estimates as Tesla's price war hurts sales
Luxury electric vehicle maker Lucid Group missed estimates for quarterly revenue on Monday as it took a hit on sales
2023-08-08 04:18