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UPS

UPS posts tepid results amid tariff, restructuring challenges

UPS package volume and earnings declined in the second quarter as the phased contraction in Amazon business gained momentum. Results were also impacted...

UPS Reports Decline in Earnings, Revenue in Q2

For the first time in three years, consumer spending on discretionary categories such as ...

UPS Withholds Outlook on Market Upheaval After Mixed Quarter

UPS Worldport in Louisville, Ky. (Scotty Perry/Bloomberg) ...

Teamsters call UPS driver buyout offer ‘paltry’

UPS is offering delivery drivers voluntary severance packages worth $1,800 per year of service, with a minimum payout of $10,000, according to a...

UPS to temporarily shut New Orleans parcel center, dismiss workers

UPS will temporarily close a parcel sortation center in New Orleans and lay off 177 personnel, according to a company notice filed with...

FedEx and UPS cease parcel discounts, ‘weaponize’ fuel surcharges: report

Legacy parcel carriers FedEx and UPS have begun to discontinue commercial discounts, previously offered in response to increased market competition, prioritizing instead high-yield...

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