News

Is UPS collapsing under Amazon’s shadow? With 20,000 job cuts announced, UPS is blaming trade slowdowns and Amazon’s growing ...
Amazon and FedEx have entered a package delivery deal, with FedEx becoming "one of several third-party partners to deliver ...
Shipping is a great business when demand is strong, but there is little UPS or any competitor can do to boost revenue when ...
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' decision to reduce its less-profitable Amazon deliveries and cut jobs.
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 ...
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 ...
In a previous article on UPS, I outlined how management's pre-Liberation Day guidance for 2025 called for $5.7 billion in ...
FedEx and Amazon have signed a multiyear agreement for residential delivery of select large packages. Amazon has hired FedEx ...