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

Ken Hoexter, Research Analyst at BofA Securities, tells Worldwide Exchange UPS is cutting costs fast as margins shrink and ...

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

Despite maintaining a target of $3.5 billion in 2025 cost savings, UPS noted attrition linked to the Amazon volume wind-down ...

Earnings Results UPS to cut its Amazon business by more than 50%. Here’s why. UPS’s stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon ...

Amazon-related revenue falls as UPS refocuses UPS’ revenue tied to Amazon fell from 13.3% in 2020 to 11.3% in 2022, according to a UPS securities filing.

Amazon, UPS’s largest customer and competitor, could overtake the Sandy Springs-based company as the nation’s largest package carrier this year.

A UPS strike could help pave the way for further organization efforts at Amazon, accordion to Robert Anthony Bruno, a professor at the University of Illinois’ School of Labor and Employment ...

Another Amazon driver in Arkansas, Hunter Deaver, said he’s now earning $18.50 per hour or $2 more than when he was hired a year ago – adding that Amazon drivers joke about leaving for UPS in ...

Amazon.com reported another quarter of skimpy profits, despite better-than-expected revenue growth, as the Web-commerce giant spent heavily on shipping, cloud computing and other initiatives. The ...

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 ...