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

UPS announced it will eliminate an additional 30,000 operational jobs as it winds down its partnership with Amazon. The cuts come after the company eliminated 48,000 jobs in 2025. The eliminations are ...

A new and far-reaching wave of mass layoffs is sweeping the United States, marking a decisive escalation in the ruling class’s assault on the working class. Two of America’s largest corporations, ...

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 ...

When you hit “purchase” on an Amazon order, you probably don’t think much about the UPS workers who help get that package to your door — but there will soon be 30,000 fewer of them, which could ...

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 ...

Amazon made up 11.8% of UPS's total company revenue in fiscal 2024, however, the margin on Amazon packages is "very dilutive" to its U.S. domestic business, the CEO disclosed on the call. She said the ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Two of the largest employers in the U.S. are cutting tens ...