FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx announced plans to spin off its less-than-truckload segment FedEx Freight into a separate publicly traded company within the next 18 months.

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 margin- and EPS-accretive in the first year.

UPS stock dived to a multiyear low.The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half of 2026.

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Georgia-based logistics company will cut the volume it moves for the retailer by more than 50% by the second half 2026,

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

Major U.S. companies are counting on a Marietta manufacturer to help them get passenger baggage to its destination, move boxes across distribution centers or retrieve products for shipment. Vanderlande, a subsidiary of the Toyota Automated Logistics Group, has had a North American business headquarters in Cobb County for over 20 years.

Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular distributions without lifting a finger. Here’s how; Car insurance pre

Air mattresses are great to have on hand for your overnight guests or when you travel. The best air mattresses easily and quickly inflate and deflate, have stable, comfortable sleeping surfaces ...

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 delivery sector.

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 ...

Ground delivery costs are projected to drop slightly year over year in Q1 despite recent rate increases from FedEx, UPS and other carriers, according to the TD Cowen/AFS Freight Index released Jan ...