Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
The police are seeking the public's help in identifying an Amazon delivery driver who allegedly stole a UPS package from a ...
Amazon made up 11.8% of UPS's total company revenue in fiscal 2024, however, the margin on Amazon packages is "very dilutive" to its U.S. domestic business, the CEO disclosed on the call. She said the ...
Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock plummeted to the single largest loss in company history. Stock valuation ...
UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday. The carrier ...
NEW YORK — UPS on Tuesday said it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon. A UPS spokesman said the layoffs are due to shedding 50% of ...
Despite its pullback from Amazon, UPS is once again linked with the e-commerce giant as each company announced major layoffs on Tuesday. Amazon executives said it will cut 14,000 corporate positions ...
WASHINGTON — UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday ...
Amazon and United Parcel Service Inc. each want to hire about 2,000 workers in advance of the holiday shopping season for its distribution centers in Western Pennsylvania, the companies said this week ...
CINCINNATI — If you are an Amazon Prime member, you may recall a few years ago when almost everything had one—or two-day shipping. That's not always the case anymore, with so many items coming from ...
Amazon is mulling over a big change in its partnership with the U.S. Postal Service, but it's not for sure.
UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered their ...
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