Dive Summary:
- Despite looming cuts to the federal air traffic control system, shipment carriers such as FedEx Corp. and United Parcel Service, Inc. don't expect retail shipments to be affected in the near future.
- President Barack Obama signed sequester cuts into effect Friday, which included the air traffic control system.
- Jeffrey Ehrlich, president of Fulfillment Plus Inc., says he is more concerned with the way federal cuts will reduce employment and consumer spending.
From the article:
"The next couple of days we'll find out more, but what I'm hearing from UPS and FedEx is that any cuts to air traffic control operations will affect the flying public, but that commercial flights will get priority," Ehlrich says. FedEx issued a statement noting that it doesn't expect interruptions to its air shipping services. ...