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President Trump has ended a tariff loophole that generated lots of business for delivery companies shipping inexpensive goods ...
The restructuring effort is part of a larger strategy to streamline operations and shift focus toward more profitable ...
We recently published a list of 11 Best Falling Stocks to Buy According to Analysts. In this article, we are going to take a ...
UPS aims to cut costs and improve profitability after announcing a plan in January to slash the number of low-margin Amazon parcels it delivers by more than half over 18 months. The package handler ...
UPS on Tuesday said it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon ...
UPS and FedEx Corp. are viewed as barometers for the wider economy because their delivery ... while UPS rival FedEx cut its outlook in March. This story was originally published at bloomberg.com.
A UPS spokesperson said the layoffs are due to shedding 50% of shipping volume from Amazon.com, its largest customer, as well ...
The Bloomberg US Credit Index returned +2.36% for the quarter. A bull-steepening UST yield curve more than offset the ...