Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
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 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 ...
Delivery discounts persist, but experts say lightweight and heavier packages are vulnerable to pricing pressure this year.
Too busy to bake this Valentine’s Day? We understand. Many pull out the baking mitts when the holidays roll around, but if ...
After some three years of weaker demand for package deliveries, the “freight recession” that has ... As that momentum builds, the analysts upgraded UPS UPS to a buy rating from their version ...
The United States Postal Service will no longer deliver UPS SurePost packages after a contract between the two sides expired this year. Instead, UPS SurePost packages will be delivered by UPS drivers ...
With UPS and USPS's contract ending, people and businesses in the U.S. will receive their SurePost packages possibly a day earlier as the transit time decreases ... such as Ground, Second Day ...
The firm sees a potential end to the freight recession in ... The firm takes that as a sign that the shipping market is on the cusp of growth once again. Shares of UPS (UPS) rose 1.4% in premarket ...
and is above the 50 level for the 32nd time out of 38 surveys. Another indication that the trucking freight market is picking up is an uptick in spot dry-van truckload rates, which have ...