Freight juggernaut UPS is shutting down facilities in three major locations in the US — as reality continues to bite for players in the logistics space. In the last few days, the company has announced ...
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UPS is closing 164 operations and cutting 20,000 jobs by June, targeting $3.5 billion in total cost reductions while investing in automation and smarter facilities. UPS is intentionally reducing ...
UPS said it will invest more than $2 billion through 2028 to improve its operations across key global markets, as the logistics company seeks to help businesses move faster along shifting trade routes ...
UPS' U.S. revenues are falling, but its profit per piece is rising. This is the goal of the company's turnaround and why it's making a $48 million investment in temperature-controlled warehouses. 10 ...
UPS (NYSE:UPS) is investing more than $2 billion across its International, Healthcare and Supply Chain Solutions operations as the logistics group expands infrastructure and services across Europe, ...
UPS is expanding temporary hiring for the 2026 holiday season even as it continues a broader restructuring of its permanent ...
UPS (NYSE:UPS) has entered into a partnership with TikTok Shop to provide an exclusive no-box, no-label returns service for participating sellers on the social commerce platform in the United States.
UPS offers a compelling 7%+ dividend yield at multi-year low valuations, making it attractive for long-term investors despite recent stock declines. The company's main challenge is high operating ...
(Reuters) -Parcel giant United Parcel Service halted cargo-sorting operations at Louisville International Airport after its wide-body freighter burst into flames shortly after takeoff on late Tuesday, ...
United Parcel Service is selling its freight-brokerage business to rival middleman RXO for $1.025 billion. The sale of Coyote Logistics announced Sunday falls far short of the $1.8 billion UPS paid ...