UPS, a global logistics services company, is facing a potential strike set to begin on August 1st. This will mark “one of the most costly strikes in at least a century,” with estimated losses reaching a staggering $7 billion during the ten-day shutdown.
The UPS strike has the potential to cause disruptions in logistics and transportation, resulting in delivery delays and possible shortages of goods in certain regions. This could have a negative impact on supply chains for many businesses and consumers, exacerbating inflation concerns.
For cross-border e-commerce sellers, a series of ripple effects may occur as a result of the UPS strike. Following a duration of one to two weeks, FedEx is likely to face an overwhelming surge in demand, leading to severe warehousing issues. Trucking services may also be impacted. Therefore, we strongly advise our seller friends to plan ahead and ensure sufficient stock levels. Additionally, we recommend opting for truck delivery services
As the situation unfolds, we will continue to monitor developments and keep our valued customers informed. Please feel free to reach out to our team for any assistance or guidance during this challenging period. Together, we can navigate through these unforeseen challenges and ensure the smooth flow of your shipments.
Post time: Jul-25-2023