{"id":72375,"date":"2023-07-27T00:00:00","date_gmt":"2023-07-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/27\/ups-teamsters-reach-labor-agreement-averting-strike-panama-canal-limits-ship-crossings-due-to-drought-plus-dhl-now-owns-turkeys-mng-kargo\/"},"modified":"2023-07-27T00:00:00","modified_gmt":"2023-07-27T00:00:00","slug":"ups-teamsters-reach-labor-agreement-averting-strike-panama-canal-limits-ship-crossings-due-to-drought-plus-dhl-now-owns-turkeys-mng-kargo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/27\/ups-teamsters-reach-labor-agreement-averting-strike-panama-canal-limits-ship-crossings-due-to-drought-plus-dhl-now-owns-turkeys-mng-kargo\/","title":{"rendered":"UPS + Teamsters reach labor agreement, averting strike + Panama Canal limits ship crossings due to drought. PLUS: DHL now owns Turkey\u2019s MNG Kargo"},"content":{"rendered":"

<\/span>United Postal Services (UPS) and the <\/span>Teamsters<\/a><\/span>union have reached a preliminary <\/span>labor agreement<\/span>, <\/span>averting a potential strike<\/a><\/span> by the union's workers, <\/span>CNBC<\/a><\/span>reports. T<\/span>he agreement includes pay raises for both full and part-time workers and is valued at USD 30 bn. Part-time workers will see their wages increase to at least USD 21 per hour, while full-time workers will average USD 49 per hour. The agreement \u2014 which is pending ratification by the workers \u2014 also puts an end to mandatory overtime on drivers' days off. The agreement staves off risks of a potential supply chain disruption to over 19 mn packages if workers had followed through with a strike in August. <\/span><\/p>\n

Panama Canal extends restrictions to conserve water amid drought: <\/span>The <\/span>Panama Canal Authority (ACP) has limited daily crossings to 32 ships, while extending the restrictions on the depth limit for neo-Panamax container ships, <\/span>Reuters<\/a><\/span> reports. The canal, through which 3.5% of global maritime trade passes, will keep the current depth limit as long as weather conditions persist. <\/span><\/p>\n

El Ni\u00f1o could make it worse:<\/span> \u201cAs part of a worldwide phenomenon, in the last six months, the <\/span>Canal has experienced an extended dry season with high levels of evaporation, with a high probability of an El Ni\u00f1o condition before the end of this calendar year,\u201d the ACP said. Water efficiency measures have been implemented since the start of the year in preparation for the long-term impacts of climate change, the authority said.<\/span><\/p>\n

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DHL Group<\/a><\/span> is set to acquire 100% of Turkish cargo delivery provider <\/span>MNG K<\/a><\/span>argo<\/a><\/span>and its subsidiaries<\/span>, according to a company <\/span>statement<\/a><\/span>. The company said its Turkish customers will benefit from exclusive logistics services both locally and internationally in collaboration with several already-established DHL divisions in Turkey. The acquisition gives DHL access to <\/span>27 mid-mile sorting centers and over 800 last-mile branches in all \u201crelevant\u201d cities of Turkey, according to the statement.<\/span><\/p>\n

ALSO WORTH KNOWING-<\/span><\/p>\n