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UPS to cut 20,000 jobs, Q12025 revenue flat
UPS announced plans to reduce 20,000 operational positions during 2025 and close 73 leased and owned buildings by...
UPS to reduce Amazon business by 50%, stock tanks 14%
UPS stock plunged a record 14.1 percent to close at $114.90 after it announced plans to reduce its business with Amazon...
UPS returns to revenue, profit growth after 18 months
UPS announced third-quarter 2024 consolidated operating profit of $2 billion, up 48 percent compared to the third...
UPS Q2 net income drops 32% on lower revenue
UPS reported a 32 percent drop in net income at $1.4 billion for the second quarter ended June 30, 2024 compared to $2.1...
UPS to acquire Mexican express delivery company Estafeta
NYSE-listed UPS has entered into an agreement to acquire Estafeta, a leading Mexican express delivery company. The...
UPS banking on integrated network for USPS contract
Carol Tome, Chief Executive Officer, UPS feels the United States Postal Service (USPS) air cargo business fits...
UPS to reduce 12,000 jobs, explore options for trucking biz Coyote
UPS is planning to reduce 12,000 jobs, and save around $1 billion through 2024 with “new ways of working and calling...
UPS, Teamsters agree on tentative deal
UPS and the International Brotherhood of Teamsters, the union representing about 340,000 UPS employees in the U.S., have...
UPS to plan conservatively & pivot quickly in 2023: CEO Carol Tome
2023 is going to be a year of resilience for United Parcel Service (UPS), according to Chief Executive Officer Carol...
MOVIN to offer time-definite, day-scheduled deliveries
MOVIN, the new logistics brand for India and the joint venture between UPS and InterGlobe Enterprises, will offer a...
Carol Tomé's 'better, not bigger' strategy is keeping UPS profitable
In June last year Carol Tomé took reins at UPS, one of the world's largest logistics companies, as its chief executive...
