{"id":22221,"date":"2023-06-13T19:32:16","date_gmt":"2023-06-13T23:32:16","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/after-i-95-collapse-fedex-and-ups-work-to-minimize-impact-on-supply-chains\/"},"modified":"2023-06-13T19:32:17","modified_gmt":"2023-06-13T23:32:17","slug":"after-i-95-collapse-fedex-and-ups-work-to-minimize-impact-on-supply-chains","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=22221","title":{"rendered":"After I-95 collapse, FedEx and UPS work to minimize impact on supply chains"},"content":{"rendered":"
\n

The collapse of an elevated section of Interstate 95 in Philadelphia on Sunday that has resulted in the closure of a stretch of the highway has sparked concerns about the effect on supply chains.<\/p>\n

Several lanes of I-95, a key highway that stretches from Miami to Maine, collapsed after a tanker truck caught fire underneath the overpass. A body was recovered from the wreckage on Monday. <\/p>\n

\n

Officials have warned that it could take months to fix the segment of highway, which normally carries some 160,000 vehicles per day.<\/p>\n

Late Monday, a spokesperson for FedEx Corp.
\n FDX,
\n +1.92%<\/bg-quote>
\n told MarketWatch that the effect on the company\u2019s operations has been minimal. \u201cFedEx is well versed at implementing operational contingencies to navigate around road closures, traffic incidents, weather systems and the like,\u201d the spokesperson said. \u201cWe are closely monitoring the situation on I-95 and are making adjustments accordingly.\u201d<\/p>\n

Related<\/strong>: I-95 collapse may snarl traffic for months. But a media legend was born.<\/p>\n

A spokesperson for United Parcel Service
\n UPS,
\n +0.81%<\/bg-quote>
\n had a similar response. \u201cWe are using alternate routes around the closed section of I-95 and are doing everything possible to keep shipments moving normally,\u201d the spokesperson told MarketWatch.<\/p>\n

A spokesperson for the American Trucking Association told local ABC affiliate WPVI that approximately 8% to 9% of the vehicles that pass through that section of I-95 are commercial trucks.<\/p>\n

A detour of more than 40 miles is mostly on non-interstate highway with more than 60 traffic lights, according to the ATA spokesperson. \u201cThis will add significant cost in time, fuel and delays, so we urge state and federal agencies to target appropriate resources to repairing and replacing this highway as quickly as possible,\u201d the spokesperson told WPVI.<\/p>\n

Related<\/strong>: I-95 overpass collapses in Philadelphia after tanker truck catches fire<\/p>\n

MarketWatch has reached out to the ATA with a request for comment.<\/p>\n

Steve Goldstein contributed.<\/em><\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The collapse of an elevated section of Interstate 95 in Philadelphia on Sunday that has resulted in the closure of a stretch of the highway has sparked concerns about the effect on supply chains. Several lanes of I-95, a key highway that stretches from Miami to Maine, collapsed after a tanker truck caught fire underneath […]<\/p>\n","protected":false},"author":1,"featured_media":21569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-22221","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nAfter I-95 collapse, FedEx and UPS work to minimize impact on supply chains | iFintechWorld<\/title>\n<meta name=\"description\" content=\"The collapse of an elevated section of Interstate 95 in Philadelphia on Sunday that has resulted in the closure of a stretch of the highway has sparked\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=22221\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After I-95 collapse, FedEx and UPS work to minimize impact on supply chains | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"The collapse of an elevated section of Interstate 95 in Philadelphia on Sunday that has resulted in the closure of a stretch of the highway has sparked\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=22221\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-13T23:32:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-13T23:32:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1686588523_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=22221#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=22221\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"After I-95 collapse, FedEx and UPS work to minimize impact on supply chains\",\"datePublished\":\"2023-06-13T23:32:16+00:00\",\"dateModified\":\"2023-06-13T23:32:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=22221\"},\"wordCount\":321,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=22221#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=22221\",\"url\":\"https:\/\/ifintechworld.com\/?p=22221\",\"name\":\"After I-95 collapse, FedEx and UPS work to minimize impact on supply chains | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-06-13T23:32:16+00:00\",\"dateModified\":\"2023-06-13T23:32:17+00:00\",\"description\":\"The collapse of an elevated section of Interstate 95 in Philadelphia on Sunday that has resulted in the closure of a stretch of the highway has sparked\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=22221#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=22221\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=22221#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"After I-95 collapse, FedEx and UPS work to minimize impact on supply chains\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"After I-95 collapse, FedEx and UPS work to minimize impact on supply chains | iFintechWorld","description":"The collapse of an elevated section of Interstate 95 in Philadelphia on Sunday that has resulted in the closure of a stretch of the highway has sparked","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=22221","og_locale":"en_US","og_type":"article","og_title":"After I-95 collapse, FedEx and UPS work to minimize impact on supply chains | iFintechWorld","og_description":"The collapse of an elevated section of Interstate 95 in Philadelphia on Sunday that has resulted in the closure of a stretch of the highway has sparked","og_url":"https:\/\/ifintechworld.com\/?p=22221","og_site_name":"iFintechWorld","article_published_time":"2023-06-13T23:32:16+00:00","article_modified_time":"2023-06-13T23:32:17+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1686588523_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=22221#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=22221"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"After I-95 collapse, FedEx and UPS work to minimize impact on supply chains","datePublished":"2023-06-13T23:32:16+00:00","dateModified":"2023-06-13T23:32:17+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=22221"},"wordCount":321,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=22221#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=22221","url":"https:\/\/ifintechworld.com\/?p=22221","name":"After I-95 collapse, FedEx and UPS work to minimize impact on supply chains | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-06-13T23:32:16+00:00","dateModified":"2023-06-13T23:32:17+00:00","description":"The collapse of an elevated section of Interstate 95 in Philadelphia on Sunday that has resulted in the closure of a stretch of the highway has sparked","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=22221#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=22221"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=22221#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"After I-95 collapse, FedEx and UPS work to minimize impact on supply chains"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/22221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22221"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/22221\/revisions"}],"predecessor-version":[{"id":22222,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/22221\/revisions\/22222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/21569"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}