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 ...

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 will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology ...

United Parcel Service (UPS) said Tuesday that it will cut about 20,000 jobs and shutter 73 of its facilities as the logistics giant cuts costs amid a move to reduce shipping volumes from its ...

As the effects of President Trump’s tariffs begin to ripple through the global economy and delivery industry, the U.S. Postal Service and UPS will be employing thousands of fewer workers this ...

The UPS layoffs follow its January decision to cut half of its delivery business with Amazon, its largest customer. The shipper’s rising labor costs have made many Amazon deliveries less lucrative.

FedEx, in particular, will almost certainly mirror these UPS fee increases in due course. "In short, the carrier pricing landscape is shifting, and no shipper should assume that their carrier will ...

FedEx, UPS, and the USPS defined the parcel market. Not anymore. The rise of Amazon, major retailers building in-house ...

The mail delivery industry, including UPS, saw significant revenue increases due to the e-commerce boom during the Covid-19 lockdowns. UPS plans to invest $3.5 billion this year in AI and ...

Omnichannel fulfillment provider Stord has acquired Ware2Go, an on-demand warehousing and fulfillment network, from UPS, the companies announced on Monday. We use cookies to help you navigate ...