The commission says initial USPS efforts suggest it won’t be able to achieve projected cost savings or operational efficiencies as its projects scale up.
In Denham Springs, Louisiana, for example, Lonnie Honeycutt, who runs an online business, is feeling the effects. Honeycutt sells primarily on eBay, Etsy, Poshmark, and Mercari, and says delays have ...
The UPS hub in Natchez no longer provides counter service to customers seeking to send packages. “The hub will still be open ...
Sandy Springs-based shipping company United Parcel Service, aka UPS, announced it would be reducing how many packages it ...
A Nebraska couple has been sentenced to federal prison terms and ordered to pay restitution for conspiracy to commit mail ...
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
UPS stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...
CEO Carol Tome says the company’s actions are being made to face three key challenges “head on.” The company’s “largest customer” is ...
UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did ...
I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now ...