The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

FedEx (NYSE:FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE:UPS) released a revenue forecast that fell short of market expectations, signaling weaker demand in the parcel ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...

Federal agents were able to nab about 30 well-known criminal aliens in New York City on Tuesday all thanks to the Trump Administration’s “recommitment to do more to protect our cities ...

BofA lowered the firm’s price target on Quanta Services (PWR) to $355 from $407 and keeps a Buy rating on the shares. China-based AI-startup DeepSeek having released its two newest LLMs with ...