UPS SurePost changes put shippers at a crossroads
Rate hikes and coverage changes are piquing customers' interest in alternatives, but contract penalties could complicate ...
UPS Q4 Earnings: Major Customer Volume Cut Raises Jitters, Stock Tanks
United Parcel Service Inc (NYSE:UPS) shares are trading lower after the company reported mixed fourth-quarter results. UPS ...
UPS unveils cost-cutting push as tepid parcel shipment demand weighs on outlook
UPS' revenue guidance for the 2025 fiscal year missed analysts' estimates, while the shipping giant also announced a multi-year drive to restructure its key U.S. network as it contends with signs of ...
UPS Sees 2025 Revenue Slipping, Plans to Cut Volumes with Top Customer
The company said it had reached an agreement in principle with its top customer to lower volume by more than 50% by the end of 2025. UPS has also decided to insource all of its UPS SurePost products ...
UPS slides after cutting business with its largest customer by 50%
UPS (NYSE:UPS) reported EPS of $2.75 vs. $2.53 consensus and $2.47 a year ago. "We are making business and operational ...
UPS Q4 Profit Beats View, Revenues Miss; Sees FY25 Revenues Below Market; Plans Buyback; Stock Down
United Parcel Service, Inc. (UPS) reported Thursday higher profit in its fourth quarter with growth in revenues. Adjusted earnings ...
UPS to cut Amazon business by more than 50%, and stock heads for record selloff
UPS said it reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026. In UPS's latest annual report, the company singled out ...
UPS Releases 4Q 2024 Earnings and Provides 2025 Guidance
UPS (NYSE:UPS) today announced fourth-quarter 2024 consolidated revenues of $25.3 billion, a 1.5% increase from the fourth ...
UPS announces strategic actions
The company announces the following set of strategic actions: first, it has reached an agreement in principle with its largest customer to ...
UPS to cut Amazon business by more than 50%. Its stock is tumbling.
UPS said it reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026. In UPS's latest annual report, the company singled out ...
SJ family desperate to find father's ashes after USPS delivered them to wrong address
A San Jose mother and son desperate to get his father's cremated remains after the U.S. Postal Service said they were delivered to the wrong address. Fifty-four-year-old Michael Voorhees's life was ...