UPS executive said the delivery company is moving to cut costs and plans to offer a voluntary separation program for ...
UPS' dividend looks safe for now, but paying it may be hampering the company's growth plans.
The reductions come after the shipping giant eliminated 48,000 positions in 2025.
UPS has shown strong earnings and revenue growth, with a P/E ratio under 20 and double-digit YoY EPS growth, indicating a low valuation. The company is enhancing its logistics, particularly in ...
(Fixes bullet point formatting) By Abhinav Parmar and Lisa Baertlein Jan 27 (Reuters) - United Parcel Service will eliminate ...
The delivery company said it was planning the cuts this year because it expected to deliver fewer packages for Amazon, a ...
Amazon made up 11.8% of UPS's total company revenue in fiscal 2024, however, the margin on Amazon packages is "very dilutive" to its U.S. domestic business, the CEO disclosed on the call. She said the ...
LOS ANGELES, Dec 18 (Reuters) - Nearly one in every 10 retail items that are returned ‌for a refund in the U.S. is fraudulent, according to a UPS-owned reverse ‌logistics company that says it plans to ...
United Parcel Service has slashed 48,000 jobs this year — one of the largest single-year reductions by a US company since the pandemic — as the package giant scrambled to contain costs and revive its ...
Thousands of U.S.-bound packages shipped via UPS (NYSE:UPS) are stuck in hubs nationwide, with the company stating it has begun "disposing of" some shipments due to a "nightmare" of new customs ...
UPS is acquiring a German firm that specializes in temperature-sensitive shipping to expand its health care logistics capabilities in Europe, the company announced Tuesday. The Sandy Springs-based ...