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.
A Nebraska couple has been sentenced to federal prison terms and ordered to pay restitution for conspiracy to commit mail ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a ...
Mark Bremer, vice president of industrial programs at Dassault Falcon Jet, spoke during the Rotary Club of Little Rock ...
FedEx is changing its fiscal year so it ends on Dec. 31, rather than on May 31. The delivery company's board earlier this week approved the change, which will go into effect on June 1, 2026, according ...
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...
UPS is continuing to withdraw from its business relationship with Amazon, which is "not our most profitable customer." ...
In its data on millions of parcels shipped during this period in 2024, ShipMatrix found that the on-time performance (OTP) ...
Quarterly consolidated revenue, at $25.3 billion, rose 1.5% year-over-year, while adjusted earnings per share, at $2.75, increased 11.3% annually. Consolidated quarterly operating profit, at $2.9 ...
Investing.com -- FedEx (NYSE: FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE: UPS) released a revenue forecast that fell short of market expectations, signaling weaker ...