Gig labor could have challenged FedEx and UPS. Now it's making them stronger.

Quick Summary:

Instead of outlasting upstarts who challenged them with gig workers, UPS and FedEx have, in their own ways, embraced the approach.

The company also acquired gig delivery firm Roadie, which CEO Carol Tomé has said will be an important part of UPS's "logistics as a service" offering, in combination with its other recent acquisitions.

Though gig work is not necessarily exploitative, studies have shown the model often underpays workers compared to what companies promise and even the minimum wage in some states.

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Article Details

Category: Economy

Markets: United States

Topics: BITranspo Logistics Delivery Transportation Gig economy Startups FedEx UPS Analysis Gig

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-26 @ 09:37:00 (3 months ago)

News Timezone: GMT -5:00

News Source URL: businessinsider.com

Language: English

Article Length: 771 words

Reading Time: 5 minutes read

Sentences: 60 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Insider

News ID: 1947647

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