A new and far-reaching wave of mass layoffs is sweeping the United States, marking a decisive escalation in the ruling ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Sandy Springs-based logistics company will cut the volume ...

UPS is continuing to cut down Amazon volumes and consolidate package sorting centers in a bid to improve efficiency and ...

UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday. The carrier ...

Amazon is planning to spend up to $4 billion to enhance its ability to deliver in rural areas. The e-commerce giant has forged a partnership with FedEx on the delivery front. United Parcel Service is ...

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon, its biggest ...

UPS to cut Amazon deliveries by more than 50% by 2026 CEO Tome says Amazon business dilutes margins CFO says SurePost, other e-commerce delivery is more lucrative than that of Amazon UPS aims to slash ...

Despite its pullback from Amazon, UPS is once again linked with the e-commerce giant as each company announced major layoffs on Tuesday. Amazon executives said it will cut 14,000 corporate positions ...

UPS has been losing market share to Amazon, but still has a solid competitive position and is exposed to ongoing growth in eCommerce. The overcapacity problem in the small parcel market is expected to ...

Amazon and FedEx have entered a package delivery deal. Business Insider reported, citing an internal document, that a new agreement between the e-commerce giant and delivery company was inked in late ...

UPS shares tumbled on Thursday after the shipping giant said it would slash Amazon deliveries by more than half. CEO Carol Tome said the move would "put us further down the path to become a more ...