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UPS pilots offered early redundancy as demand falls

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United Parcel Service announced on Thursday that it has extended an offer for early retirement to a group of pilots as part of its strategic response to challenges posed by a sluggish air freight market and escalating labour expenses.

The global leader in package delivery, headquartered in Atlanta, is seeking a positive response from 167 pilots who may consider embracing the voluntary separation proposal.

This comprehensive package encompasses monetary incentives along with healthcare benefits. Presently, the company employs approximately 3,400 pilots.

In a formal statement, UPS expressed its rationale behind this initiative, citing its commitment to consistently evaluate operational efficiency to enhance customer service. The company’s prior instance of pilot workforce reduction was in 2010, during which 111 pilots were furloughed.

Earlier on August 8, UPS revised its projections for annual revenue and profitability downward, attributing the adjustment to a combination of factors such as declining package volumes, escalating labour expenditures, and financial setbacks incurred during contentious yet ultimately concluded contract negotiations with the International Brotherhood of Teamsters.

The latter represented around 340,000 employees.

The Independent Pilots Association, the representative body for UPS pilots, confirmed the reception of the buyout offer.

Concurrently, pilots associated with UPS’s competitor, FedEx, have opted to reject a tentative contractual agreement presented by their union. The decision was primarily influenced by concerns related to compensation and job security.

As FedEx undertakes the merger of its Express and Ground operating divisions in a strategic manoeuvre to streamline costs and enhance operational efficiency, a subset of the company’s pilots express apprehension over potential job displacement or the outsourcing of their roles.

 

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Ticker News is now live on XumoTV and Xfinity across the U.S.

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Ticker News is now available on Xumo TV and Xfinity, bringing new era of accessibility

Ticker is thrilled to announce a major milestone for Ticker News: we are now available for streaming across the United States on Comcast’s major platforms, Xumo TV and Xfinity.

The development places Ticker News in the company of industry giants like CNN, Fox News, and MSNBC, marking a significant leap forward in our mission to deliver quality news to a wider audience.

With a combined reach of 50 million active users per month, Xumo TV and Xfinity offer an opportunity for Ticker News to expand viewership.

The achievement is particularly special with Ticker’s fifth anniversary on air on August 19.

“Getting Ticker News on these platforms was no small feat,” says Ticker Founder and CEO Ahron Young.

“It took nearly two years of intense negotiations and overcoming various technical challenges. But the journey underscores the resilience and determination of our team, proving that persistence pays off. We are immensely proud of what we have accomplished together,” Ahron says.

Being available on Xumo TV and Xfinity significantly enhances our already robust distribution network.

These platforms provide Ticker with the ability to reach millions of new viewers, further solidifying our presence in the competitive news landscape.

“Our commitment to expanding our reach and improving accessibility remains stronger than ever,” says TIcker’s Global Marketing Director, Kane Ricca.

Looking Ahead

As Ticker celebrates this exciting moment, the media company remains focused on its mission to provide accurate, timely, and engaging news to our audience.

“We are grateful for the ongoing support of our hosts, staff, investors, and viewers. Every moment counts at Ticker, and together, we are building something truly special,” says Ahron.

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‘Frank and constructive’ meeting between Harris and Netanyahu

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Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu to discuss the humanitarian crisis in Gaza and a cease-fire agreement.

Vice President Kamala Harris highlighted the nature of the discussion describing it as a “frank and constructive”meeting with Israeli Prime Minister Benjamin Netanyahu at the White House.

Harris expressed her concerns about the humanitarian situation in Gaza.

She stressed the need to finalise a cease-fire deal.
Harris described the past nine months in Gaza as devastating.
She urged that the tragedies in Gaza should not be ignored. #trending

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‘Left wing lunatic’: Trump tears into Kamala Harris in major rally

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Donald Trump is ramping up his attacks on Kamala Harris – his new opponent in the November election. But will it be enough to stop her?