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UPS said it's cutting its Amazon deliveries by by 50%. Here's how you can speed it up a little. ... Look for items that say "get it tomorrow," which typically means they are already in an Amazon ...
UPS is expected to produce an operating profit of about $9.6 billion, up from 2024, with a margin of closer to 11%. It’s still a strong competitor. Investors aren’t focused on improvement.
UPS’ CFO Dykes added that the shift with Amazon will mean a drop in “fixed costs” including reducing labor, closing up to 10% of UPS’ buildings and cutting back its vehicle and aircraft ...
That wasn’t always the case. For decades, Amazon shipped its packages to customers like most other retailers did, using one of the three major shipping companies: UPS, FedEx, and the U.S. Postal ...
UPS, which could actually end up being the big winner in its breakup with Amazon, is deeply unloved. Notably, its price-to-sales and price-to-earnings ratios are well below their five-year averages.
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 is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. Skip to content Menu Today's paper ...
Meanwhile, Amazon's stock fell 1%, and shares of UPS rival FedEx Corp. (FDX) declined 2.1%. UPS said it reached an agreement in principle with Amazon to lower its volume by more than 50% by the ...
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 ...