UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.

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 ...

This strategic move is expected to provide a clearer alignment of FedEx (NYSE:FDX)'s financial reporting with the calendar year, which is standard practice for many corporations. The change may also ...

UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...

In the fourth quarter, UPS brought in $25.3 billion, a 1.5% rise over last year. Operating profit increased 11.2% to $3.1 billion; adjusted profits per share came in at $2.75, above consensus ...

Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...

UPS is also insourcing deliveries through SurePost, its home-delivery service for smaller packages. UPS used to drop packages with the U.S. Postal Service for last-mile delivery, but it ended the ...

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...

Quarterly consolidated revenue, at $25.3 billion, rose 1.5% year-over-year, while adjusted earnings per share, at $2.75, increased 11.3% annually. Consolidated quarterly operating profit, at $2.9 ...

United Parcel Service on Thursday forecast 2025 revenue below Wall Street estimates, as gains from cost cuts were offset by ...

A contact between UPS and the United States Postal Service has ended, which could create more work for your UPS delivery driver.