United Parcel Service beat earnings expectations with a significant EPS gain, though revenue slightly missed estimates.
In its data on millions of parcels shipped during this period in 2024, ShipMatrix found that the on-time performance (OTP) ...
UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
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 ...
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
President-elect Donald Trump’s return to the White House has given new vigor to conservative efforts to privatize the U.S. Postal Service.
FedEx stock is trading lower on Thursday in sympathy with United Postal Service, which fell after it reported 2024 ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com, and grapples with stubbornly soft demand for lucrative overnight ...
Investing.com -- 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 ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...