United Parcel Service (UPS) will slash 20,000 jobs and shut dozens of facilities by mid-2025 in a bid to save $3.5 billion, ...

UPS says it plans to cut 20,000 jobs and close more than 70 stores by the end of June. According to UPS, 40 of its stores are ...

UPS is cutting 20,000 jobs and closing 73 facilities, citing reduced business with Amazon and new tariff risks in its ...

Shares of United Parcel Service ( UPS -0.44%) plunged as much as 18% following the early April U.S. tariff announcement and ...

The "de minimis" trade loophole that allowed cheap packages to come to the U.S. duty-free is closing. Ecommerce customers are ...

Amazon said Wednesday it plans to invest $4 billion through 2026 to expand its rural delivery network, tripling its current ...

Amazon’s biggest sales event of the year is facing some headwinds. If you’re planning to shop Prime Day, here’s what tariffs ...

Low-value packages from China will now be hit with a tariff. It'll hurt online shoppers who have been increasingly drawn to cheap goods.

The shipping and receiving chain, with 12 RI stores, will close 73 leased and owned buildings and will terminate about 20,000 ...

Investing.com -- HSBC has downgraded United Parcel Service (NYSE: UPS) to Hold from Buy and slashed its price target to $105 from $140 per share. In a note to clients on Thursday, the bank warned that ...

The president's executive order banning China-originating shipments from utilizing the trade exception took effect at 12:01 ...

UPS plans to lay off 20,000 workers in 2025, over 4% of its global workforce, as part of a cost-cutting initiative tied to ...