Loop Capital cut its ratings on FedEx and UPS in response, warning of higher prices and reduced transportation volumes.
United Parcel Service (NYSE:UPS), a global leader in package delivery and supply chain solutions, finds itself at a critical ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
FedEx stock is trading lower on Thursday in sympathy with United Postal Service, which fell after it reported 2024 ...
Ground shipping costs are projected to drop slightly year over year in Q1, according to the TD Cowen/AFS Freight Index.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com , a surprise move that sent shares ...
FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...
Delivery discounts persist, but experts say lightweight and heavier packages are vulnerable to pricing pressure this year.