Shipping is a great business when demand is strong, but there is little UPS or any competitor can do to boost revenue when ...

UPS is cutting 20,000 jobs and closing 73 facilities as Amazon shipments decline. These changes, combined with new tariffs on Chinese retailers, could mean higher costs and slower deliveries for your ...

While the idea of a dividend cut might be appealing to some, I suspect many income investors won't like it one bit. If you're in that group, you might be wondering if UPS' 6.7%-yielding dividend is ...

United Parcel Service said on Tuesday it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon.com, and amid U.S. President Donald Trump's tariffs that ...

It all started when a homeowner looked out his window and saw something that didn’t look right: a stranger at his mailbox.

Amazon has secured a new partnership with FedEx to fill delivery gaps after falling out with UPS, Business Insider has ...

FedEx and Amazon have signed a multiyear agreement for residential delivery of select large packages. This agreement follows ...

UPS said Tuesday that it expects to cut 20,000 jobs this year and close 73 buildings in the next two months, as the company reduces its business with Amazon and faces wider economic uncertainty.

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon ...

Amazon, a competitor as well as a customer bringing in over one-tenth of UPS’ revenue, had turned unprofitable for the shipper, and in January of this year, UPS announced plans to slash the ...

Amazon accounted for 11.8% of UPS' overall revenue in 2024. "The actions we are taking to reconfigure our network and reduce cost across our business could not be timelier," Tome said. Last year ...

United Parcel Service on Tuesday revealed plans to slash 20,000 jobs after deciding earlier this year to slash the number of packages it delivers for its top customer, Amazon. Shares in UPS ...