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 ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
UPS is also insourcing deliveries through SurePost, its home-delivery service for smaller packages. UPS used to drop packages with the U.S. Postal Service for last-mile delivery, but it ended the ...
UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included ...
President-elect Donald Trump’s return to the White House has given new vigor to conservative efforts to privatize the U.S. Postal Service.
An employee at the FedExForum was charged with identity theft after police say she stole multiple credit and debit cards from her co-worker, using them to make over $600 in ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com, and grapples with stubbornly soft demand for lucrative overnight ...
United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon, ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon, ...
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...
(Reuters) - -United Parcel Service on Thursday forecast 2025 revenue below Wall Street estimates, as gains from cost cuts ...