"This was us. This was UPS taking control of our destiny." Shares plunged by as much as 18%. The shipping giant said it would cut its business with its largest customer in half by June 2026.
Sandy Springs-based shipping company United Parcel Service, aka UPS, announced it would be reducing how many packages it ...
The shipping giant's CEO said UPS was exiting a "challenging 18-month period" in its third-quarter report. United Parcel Service (UPS) is set to report fourth-quarter earnings on Thursday morning ...
BofA's proprietary Truck Shipper Survey just hit 59.8its highest level in three yearssignaling that the shipping downturn could finally be over. Analysts expect UPS's aggressive pricing strategy ...
“The addresses themselves are fine. The issue is that the service is gone, the UPS SurePost is gone. So if you order something that says it has free shipping through UPS, that normally would have come ...
U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages after the government agency's contract with the parcel service expired this year. The International Brotherhood of ...
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its largest customer, by more than half. While UPS UPS explained that the move was part of its plan to focus on more profitable deliveries rather than on simply increasing volume, the news still ...