UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...

This strategic move is expected to provide a clearer alignment of FedEx (NYSE:FDX)'s financial reporting with the calendar year, which is standard practice for many corporations. The change may also ...

In the fourth quarter, UPS brought in $25.3 billion, a 1.5% rise over last year. Operating profit increased 11.2% to $3.1 billion; adjusted profits per share came in at $2.75, above consensus ...

Stifel analysts adjusted their outlook on UPS (NYSE:UPS) by reducing the price target to $145, down from the previous $153, while continuing to endorse the stock with a Buy rating. The revision ...

Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...

FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...

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 ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...

Quarterly consolidated revenue, at $25.3 billion, rose 1.5% year-over-year, while adjusted earnings per share, at $2.75, increased 11.3% annually. Consolidated quarterly operating profit, at $2.9 ...

A contact between UPS and the United States Postal Service has ended, which could create more work for your UPS delivery driver.

Over 55 million Americans live in rural areas, all deserve reliable and timely delivery of mail. No private company can do ...