The shipping giant said the moves were expected to save $3.5 billion and were made in anticipation of “lower volumes from our ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Since the company announced the breakup with its largest customer in January, tariff-fueled trade wars have fanned economic ...

UPS is cutting 20,000 jobs and slashing Amazon deliveries, raising questions about layoffs, USPS competition, and the future of the economy.

FedEx and Amazon have signed a multiyear agreement for residential delivery of select large packages. Amazon has hired FedEx to handle some of its large package deliveries, the companies said on May ...

UPS announced it's cutting 20,000 jobs and shuttering 73 of its facilities as it cuts costs as part of a reduction in Amazon shipments, while also facing economic uncertainty.

UPS is implementing significant changes, including cutting almost 20,000 jobs and closing 73 facilities, due to reduced demand from Amazon ... reduce cost across our business could not be timelier ...

UPS is expected to close 73 locations by the end of June. Some of the building locations are owned by the company, while others are leased. The company went on to say it is evaluating its network and ...

CEO Andy Jassy reinforced his mission to return the e-commerce giant to its startup roots during remarks at the Harvard ...

The intense focus on circularity stands in stark contrast to the overconsumption that Amazon’s business model entails ... it could lead to a fundamental change in packaging—and recycling ...