UPS and FedEx are two of the most recognizable logistics brands, but it's obvious which stock is the better pick in the ...
Parcel delivery giant UPS says it will cut up to 30,000 jobs this year as it further reduces shipments for its biggest customer, Amazon. The world's largest package delivery company has been scaling ...
Market Realist on MSN
UPS set to eliminate 30,000 jobs in 2026 as the company shifts away from Amazon
As a part of a plan to increase profitability, UPS will reduce 25 million work hours.
UPS is cutting tens of thousands of jobs via voluntary programs. It's a workforce strategy that meets business needs without ...
FedEx (NYSE: FDX) and UPS (NYSE: UPS) may see near-term earnings pressure as grounded cargo aircraft reduce capacity during peak holiday demand. Forced reliance on alternative carriers, including the ...
UPS and rivals like FedEx have been battling stubbornly soft demand for delivery services. In 2025, UPS eliminated 48,000 jobs, launched driver buyouts and closed operations at 93 buildings as Amazon ...
According to executives who spoke to Supply Chain Dive a year ago, Amazon accounted for as much as one-quarter of all UPS deliveries, but only about 11% of UPS’s total revenue. “Amazon is our largest ...
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