Loop Capital cut its ratings on FedEx and UPS in response, warning of higher prices and reduced transportation volumes.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
Ground shipping costs are projected to drop slightly year over year in Q1, according to the TD Cowen/AFS Freight Index.
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.
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
FedEx stock is trading lower on Thursday in sympathy with United Postal Service, which fell after it reported 2024 ...
United Parcel Service shares sank 16% Thursday after the shipping giant reported worse-than-expected fourth-quarter results.
JPMorgan lowered the firm’s price target on UPS (UPS) to $120 from $135 and keeps a Neutral rating on the shares post the Q4 report. The ...