For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi ...
Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...
UPS is continuing to withdraw from its business relationship with Amazon, which is "not our most profitable customer." ...
UPS is also insourcing deliveries through SurePost, its home-delivery service for smaller packages. UPS used to drop packages with the U.S. Postal Service for last-mile delivery, but it ended the ...
Throughout its history, FedEx has been an integral part of the small- and medium-sized business (SAM) sector. The extensive ...
FedEx (NYSE:FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE:UPS) released a revenue forecast that fell short of market expectations, signaling weaker demand in the parcel ...
Shares of United Parcel Service sank 10% in premarket trading Thursday after the shipping giant reported worse-than-expected fourth-quarter results.
Geneos Wealth Management Inc. trimmed its stake in FedEx Co. (NYSE:FDX – Free Report) by 12.7% during the 4th quarter, ...
STATEN ISLAND, N.Y. -- FedEx, which, according to local reports has announced several nationwide facility closures and ...
Most of those being laid off locally work as couriers. The express shipping giant has announced job cuts in markets across the country in the past three months.
Joe Gibbs Racing moved on from FedEx after almost two decades and signed a new deal with one of the shipping giant's ...