Holiday delivery delays mount as online orders surge
Cyber Monday online spending hit a record 6.59 billion dollars as UPS FedEx and other shippers contend with a surge in parcels. UPS warns of one to two day delays and expands staff while pilots report fatigue and rising quit rates. Atlas Air has tripled cargo planes for Amazon yet morale sinks and contracts loom.
MENTIONED IN THIS ARTICLE
U.S
United Parcel Service
FedEx
Adobe Analytics
LateShipment. Com
Orlando
Fla
DHL
Amazon
Prime Air
Jeff Bezos
The
Washington Post
Robert Kirchner
Atlas Air Worldwide Holdings
Teamsters Local 1224
UPS
Atlas
Atlas Air
Kirchner
UPS Express
ShipMatrix
Airline bumping rates fall to record lows across major airlines
United, Delta, Virgin, and JetBlue posted the lowest ever involuntary denial rates for overbooked flights in the July to September quarter. Across 12 large carriers, 2,745 passengers were bumped out of 177 million fliers, a rate of 0.15 per 10,000. Regulators cite overbooking and no-shows as revenue tools.
MENTIONED IN THIS ARTICLE
Kentucky
United Airlines
U.S. Department of Transportation
Transportation Department
Aviation Consumer Protection Division
United
Delta
Virgin America
JetBlue
Department of Transportation
Majorities oppose net neutrality repeal in Washington Post poll
A University of Maryland survey shows 83 percent of Americans oppose the FCC plan to repeal net neutrality rules, with 75 percent of Republicans also against. The poll, by the Program for Public Consultation and Voice of the People, finds broad distrust of the FCC arguments and broader support for keeping current regulations ahead of Thursday’s anticipated vote led by FCC Chair Ajit Pai.
MENTIONED IN THIS ARTICLE
University of Maryland
Federal Communications Commission
Ajit Pai
At&t
Comcast
Verizon
University
Program For
Public Consultation
Voice of the People
FCC
Markets hold gains as Fed meeting looms and Alabama vote nears
U S stocks fluctuated with the S P 500 rising to a record 2 664 22 while the Nasdaq and Russell 2000 retreated. Banks and financials led gains amid a stronger dollar and higher 10 year yields as producer prices cooled inflation signals ahead of the Federal Reserve two day meeting and the Alabama Senate election.
MENTIONED IN THIS ARTICLE
Alabama
Rand Paul
Kentucky
Treasury
Federal Reserve
Fed
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the Gazette
Pittsburgh Post-Gazette
TNS
Jackson
UPS Worldport
All Points International
Louisville
Internet
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