UPS announced that Teamsters strike threat contributed to diversion of 932,000 ADV during Q2 of 2023. (see UPS earnings call transcript/presentation)
SJC FORESIGHT: 1 WeekStrategic Solutions in the Transportation & Logistics Industry
7/31/23 - CBS
99-year old trucking company to lay off 30K workers after shutting down operations
7/31/23 - The Hill
Yellow is shutting down and headed for bankruptcy, the Teamsters Union says
7/31/23 - JOC
Yellow’s collapse already pushing LTL rates higher as capacity tightens
8/22/23 - WSJ