Shares in express giant UPS fell today after the company revealed plans to offload 50% of its business with its largest customer Amazon ...
UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during 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 ...
Freightmate co-founders Jason Zhao, Bryan Lacaillade, and Rishab Gadroo. (Freightmate Photo) Freightmate, a Seattle-area ...
UPS plans 50 percent cut in Amazon volume, while Hapag-Lloyd sees Q4 earnings gains, but geopolitics could mean challenges ...