United Parcel Service UPS and FedEx FDX are two well-known global package delivery companies. Both these heavyweights offer a ...

Putting those figures into context, UPS revenue was about $91 billion in 2023 (making healthcare 11% of revenue), and Wall ...

UPS is tightening its belt to survive weak demand and soaring labor costs, which are bruising its bottom line. The company plans to cut 20,000 jobs, shut 73 facilities, and offer driver buyouts to ...

Starting July 1, USPS adjusted its service standards for First-Class Mail and USPS Ground Advantage. That means if you're ...

UPS To Lay Off 20,000 Employees, Shutter 73 Facilities UPS said it plans to lay off roughly 20,000 employees this year, and close 73 "leased and owned properties" by the end of June. The layoffs ...

UPS posted an adjusted profit per share of $1.49 compared with expectations of $1.38. It had in January forecast full-year revenue of $89 billion and operating margin of about 10.8%.

Besides Wall Street's top -and-bottom-line estimates for UPS (UPS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the ...

Wells Fargo lowers parcel estimates, UPS stock downgraded Author Sam Boughedda Stock Markets Published 04/22/2025, 12:24 PM ...

Amazon is UPS’s biggest customer, but not its most profitable UPS says it will slash its Amazon deal by over 50% to help profitability Amazon will “continue to partner with [UPS]” ...

UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the ...

UPS shares tumbled Tuesday after the shipping giant reported second-quarter profits plunged over 30% from a year ago and missed analysts' estimates. The company, and its shipping rival FedEx, have ...

UPS plans to cut 12,000 jobs as demand for package delivery stagnates, executives said Tuesday. The layoffs will eliminate around 2.4 percent of UPS’s global workforce of roughly 495,000, with ...