UPS Freight shippers took volume elsewhere as strike concerns loomed. Will they return?

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As the clock ticked down earlier this month toward a threatened nationwide strike by 11,600 Teamsters at less-than-truckload carrier UPS Freight, parent UPS Inc., (NYSE:UPS) concerned about stranding freight in the unit’s system should a walkout have occurred as soon as today, advised its customers to seek alternate means of transportation.