The Market’s Big Week on Deck 7/24/23
Halftime Report
00:00
The Impact of the FedEx Strike on UPS
UPS, FedEx and the others are inflationary. Amazon only uses a small amount of UPS compared to their overall shipping. When a company like UPS that moves about 6% of US GDP, all of a sudden has a major disruption. It increases the shipping cost for everybody. Small businesses, certainly, the broader economy gets hurt.
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