United Parcel Service Inc. (NYSE: UPS) is preparing for a major change in its business as it expects to lose half of its ...

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UPS ditched Amazon to be more profitable. Now it’s slashing 20,000 jobs and plans to close over 70 facilities Story by Irina Ivanova • 6d ...

UPS is planning to achieve $3.5 billion savings this year through job cuts and facility closures as the Sandy Springs-based ...

Income investors can also take comfort that UPS' long-term growth prospects remain strong. Complex healthcare logistics ...

Executives said about 20% to 25% of volume in UPS’ U.S. network is tied to Amazon, and the percentage of revenue derived from the company last year was 11.8%.

UPS Inc., by far the largest employer in Greater Louisville, made the announcement in its fourth-quarter earnings report Thursday morning. The company plans to cut Amazon volume by more than 50% ...

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 that it ...

Meanwhile, Amazon's stock fell 1%, and shares of UPS rival FedEx Corp. (FDX) declined 2.1%. UPS said it reached an agreement in principle with Amazon to lower its volume by more than 50% by the ...

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 that it ...