UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...
Many Louisville residents said they no longer trust the United States Postal Service to deliver their mail on time after ...
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
UPS stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS plans 50 percent cut in Amazon volume, while Hapag-Lloyd sees Q4 earnings gains, but geopolitics could mean challenges ...
Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...
Presidents Day falls on Monday, Feb. 17. Here's what's open and closed and whether trash in Ohio's big cities will be picked ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient ...
UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will shed some of its least-profitable business and help shelter profits from ...
I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now my pleasure to turn the floor over to your host, Mr. PJ Guido, investor ...