Peak season is upon us. Amazon moved its annual Prime Day to Oct. 13 and 14 and is actively hiring 100,000 logistics and fulfillment workers. FedEx ramped up its seasonal hiring of 70,000 workers, 27% more than last year, while UPS is cushioning its workforce with the usual 100,000 seasonal employees.
But in September, the Logistics Managers’ Index (LMI) revealed new lows for transportation capacity, especially for “downstream firms,” representing the consumer-facing businesses that are...
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