BrownCafe - UPS info for UPSers - Not endorsed by UPS

Time 2020-10-22 08:04:55

Web Name: BrownCafe - UPS info for UPSers - Not endorsed by UPS

WebSite: http://www.browncafe.com

ID:90319

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After months of extreme disruption and challenge, retailers badly need their holiday season to go right. Unfortunately, they might find themselves confounded by a thorny problem borne of pandemic-related safety concerns: A crush of e-commerce orders on a scale the industry has never seen, putting stress on their supply chains and those of their shipping partners. The result could be a multitude of late packages and frustrated customers, a potential mess that has been dubbed Shipageddon.Package carriers FedEx Corp. and United Parcel Service Inc. say they’re prepared for the onslaught. They may not have envisioned the pandemic, but they’ve spent billions over the past few years preparing for a more e-commerce heavy world, including adding expanded weekend service and investing in automation tools. They’re also bulking up their staff: FedEx and UPS plan to hire a combined 170,000 seasonal workers this year. Even so, e-commerce growth is expected to be explosive this holiday season, and it will be especially difficult to predict purchasing rhythms this time around.With the holiday season rapidly approaching, delivery services are bracing for what some are calling “shipageddon, with a potential shortfall of as many as 7 million packages a day.UPS and FedEx have told some of their shippers that they have already reached most of their capacity, according to The Wall Street Journal.That shortage could mean up to 7 million packages a day between Thanksgiving and Christmas could face delays, Satish Jindel, president of ShipMatrix software and consulting provider, told NBC News.New UPS CEO Carol Tomé on coming out of retirement and what it takes to handle 21.1 million packages a day—during a pandemic.Carol Tomé expected to be doing a lot more gardening when she retired as CFO of Home Depot in 2019. But the board of UPS, where she’s served since 2003, had other plans. So in June, Tomé took off her gardening gloves and took the reins of the storied delivery company. We talked to the new CEO about what it’s like to lead a 113-year-old giant through a pandemic.For the fifth consecutive year, UPS was named to Forbes and JUST Capital’s annual JUST 100 list for its commitment to serving its workers, customers, communities, the environment and shareholders. The company was again recognized as the industry leader in the transportation sector. UPS also scored first in the transportation categories for community, customers and shareholders.The Forbes JUST 100 evaluates and celebrates U.S. corporations that outperform on the issues that matter most to the American public. This year, companies were evaluated on criteria like paying a fair wage, upholding human rights across the supply chain, investing in worker training, acting ethically and with integrity, cultivating a diverse and inclusive workplace, protecting worker health and safety, providing good benefits and work-life balance and more. By striving to meet the needs of all stakeholders, JUST 100 leaders demonstrate that profits and purpose go hand in hand.Daymond John, founder and CEO of FUBU and co-star of ABC’s four-time Emmy Award-winning show, Shark Tank, has the country buzzing about his forthcoming Black Entrepreneurs Day presented by Chase for Business.Today, alongside UPS, the event unveils a new addition to the show Flipping The Box Presented by UPS. The segment will put Daymond in the hot seat for the only time during Black Entrepreneurs Day, as he is interviewed by a UPS executive. Gerard Gibbons, UPS President of Small and Medium Business and U.S. Marketing, will interview Daymond about his entrepreneurial journey and the lessons other entrepreneurs and small business owners can learn from his success.“We are thrilled to be partnering with UPS for Black Entrepreneurs Day, and I’m looking forward to delving into my own experiences as an entrepreneur during Flipping The Box,” said Daymond. “I know firsthand the importance of shipping from my early days at FUBU, and hope that my chat with Mr. Gibbons will pull back the curtain a bit on just how important logistics are for small and growing businesses.”

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