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 ...

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 ...

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 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 ...

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 ...

UPS to cut 20,000 jobs on reduced Amazon deliveries, as US tariffs weigh By Abhinav Parmar and Lisa Baertlein April 29, 2025 10:23 PM UTC Updated April 29, 2025 ...

So the relationship isn't dead -- it's just different. Or, you could say, they will still be friends. Amazon is paying up to fill the gap. UPS' decision to put limits on its relationship with ...

The deal with FedEx, signed in February, gives Amazon "cost favorability" compared with delivery rival UPS, ... Amazon signs up FedEx for residential deliveries. May 12, 2025 at 4:42 PM.

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 ...

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 ...