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 ...

This strategic move is expected to provide a clearer alignment of FedEx (NYSE:FDX)'s financial reporting with the calendar year, which is standard practice for many corporations. The change may also ...

Stifel analysts adjusted their outlook on UPS (NYSE:UPS) by reducing the price target to $145, down from the previous $153, while continuing to endorse the stock with a Buy rating. The revision ...

In the fourth quarter, UPS brought in $25.3 billion, a 1.5% rise over last year. Operating profit increased 11.2% to $3.1 billion; adjusted profits per share came in at $2.75, above consensus ...

UPS is also insourcing deliveries through SurePost, its home-delivery service for smaller packages. UPS used to drop packages with the U.S. Postal Service for last-mile delivery, but it ended the ...

A contact between UPS and the United States Postal Service has ended, which could create more work for your UPS delivery driver.

Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...

FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...

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

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

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...

UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...