In a move that will reshape its workforce, United Parcel Service (UPS) has announced plans to lay off 20,000 workers and close 73 facilities. This decision follows a significant shift in its ...

UPS will eliminate about 20,000 jobs throughout 2025 as part of a major cost-cutting plan fueled by a decline in Amazon shipments. The Atlanta-based shipping giant revealed the job cuts in a ...

UPS plans to cut 20,000 jobs and close 73 facilities due to reduced Amazon deliveries. The company aims to save $3.5 billion in 2025 amid operational restructuring and cost-cutting.

Amazon has hired FedEx to handle some of its large package deliveries, the companies said Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer and ...

The Memphis-based delivery company said the multi-year agreement covers residential delivery of select large packages for Amazon. The deal with FedEx, signed in February, gives Amazon "cost ...

UPS revealed the job cuts in its earnings report released today, which it says are linked to “lower volumes from our largest customer,” Amazon. The company announced earlier this year that it ...

Amazon has hired FedEx to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer ...

Amazon Signs up FedEx for Residential Deliveries. ... The agreement will not replace UPS, Amazon said as FedEx will join its third-party ... These tactical ETFs have paid off in 2025. Jeff Reeves ...

Amazon has hired FedEx to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer.

UPS said in January it plans to shrink shipment volumes for Amazon, its largest customer, by more than 50% by the second half of 2026 to focus on fewer, but more profitable deliveries. Late last month ...

Amazon has hired FedEx to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer ...

Amazon (AMZN.O) has hired FedEx (FDX.N) to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was halting its less-profitable deliveries for the e ...