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.
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
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 ...
After facing iced-over roads and snow,  Houston-area package delivery companies are set to resume regular hours for the rest ...