In a report released yesterday, Brian Ossenbeck from J.P. Morgan maintained a Hold rating on United Parcel (UPS – Research Report), with a ...

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 ...

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in Louisville, which is home to UPS' largest sorting hub, Worldport, and its UPS ...

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 ...

United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...

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 ...

Quarterly consolidated revenue, at $25.3 billion, rose 1.5% year-over-year, while adjusted earnings per share, at $2.75, increased 11.3% annually. Consolidated quarterly operating profit, at $2.9 ...