Amazon told reporters at the time that they had offered to increase shipping volumes with UPS. UPS will continue to monitor changes in the ... reduce cost across our business could not be timelier ...

Cutting more than half of its Amazon deliveries is good for UPS’s business in the long run, its CFO says Jennifer Williams ...

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

“We are executing the largest network reconfiguration in our history,” Tomé said on the company’s earnings call Tuesday after announcing the changes. The Amazon deliveries UPS is dropping ...

UPS plans to shed about 20,000 front-line positions in 2025 as it manages the decline in unprofitable business from Amazon and a huge restructuring of its delivery network, executives said Tuesday ...

Amazon accounted for 11.8% of UPS' overall revenue in 2024. "The actions we are taking to reconfigure our network and reduce cost across our business ... and trade policy changes, UPS launched ...

UPS job cuts affect 20,000 workers and close 73 stores as Amazon deliveries drop and Q1 earnings reflect the change.

The deal with FedEx, signed in February, gives Amazon “cost favorability” compared with delivery rival UPS, Business Insider had reported, citing an internal document. The deal with FedEx ...

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that it ...

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 ...

Amazon is going back to FedEx after falling out with UPS. According to an internal document obtained by Business Insider, Amazon signed a new partnership deal with FedEx in late February to handle ...

The deal with FedEx, signed in February, gives Amazon "cost favorability" compared with delivery rival UPS, Business Insider had reported, citing an internal document. The agreement will not ...