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United Parcel Service Inc. (NYSE: UPS) is preparing for a major change in its business as it expects to lose half of its ...
Ken Hoexter, Research Analyst at BofA Securities, tells Worldwide Exchange UPS is cutting costs fast as margins shrink and ...
UPS is planning to achieve $3.5 billion savings this year through job cuts and facility closures as the Sandy Springs-based ...
Discover why UPS, with a 6.6% dividend yield, buybacks, and growth potential in automation, may be a lucrative opportunity ...
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern ...
That's why cutting the dividend on July 29 wouldn't be a disaster. It might, in fact, be the smartest move UPS can make.
UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday.
UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon \u2014 a move that will shed some of its least-profitable business and help shelter ...
UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that it ...
UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and expected lower Amazon shipments.