The commission says initial USPS efforts suggest it won’t be able to achieve projected cost savings or operational efficiencies as its projects scale up.
In Denham Springs, Louisiana, for example, Lonnie Honeycutt, who runs an online business, is feeling the effects. Honeycutt sells primarily on eBay, Etsy, Poshmark, and Mercari, and says delays have ...
The UPS hub in Natchez no longer provides counter service to customers seeking to send packages. “The hub will still be open ...
USPS CEO Carol Tomé says the company is planning on reducing Amazon deliveries by half in the middle of next year.
A Nebraska couple has been sentenced to federal prison terms and ordered to pay restitution for conspiracy to commit mail ...
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
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 ...
UPS reports robust Q4 performance with increased revenue and operating profit, while navigating challenges in the US market ...
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 ...
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 ...
UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...
CEO Carol Tome says the company’s actions are being made to face three key challenges “head on.” The company’s “largest customer” is ...