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 ...

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 ...

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

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.

Amazon and its affiliates represented about 11.7% of UPS revenue last year, more than any other retailer. Explore From February: UPS profit soared above $10B in ’21, sales to top $100B in ’22 ...

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 ...

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.

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 delivered more than 5 billion packages in the U.S. in 2021, while UPS delivered roughly 5.5 billion U.S. packages, according to company figures and industry estimates. Amazon has said it ...

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 ...