UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies' ...

Ty Roush is a breaking news reporter based in New York City. UPS announced Tuesday it would lay off 20,000 workers this year, despite beating first-quarter profit estimates, as the shipping giant ...

Scott Ruffin, who founded Amazon Air and helped grow its shipping operations, has a new start-up to help retailers speed up deliveries. Pandion said Tuesday it raised $30 million and plans to open its ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min UPS announced it would decrease ...

In a move that will reshape its workforce, United Parcel Service (UPS) has announced plans to lay off 20,000 workers and close 73 facilities. This decision follows a significant shift in its ...

In a move shaking the global shipping landscape, UPS has announced it will cut Amazon's shipping volume by more than half by late 2026, ending a decades-long partnership that once accounted for ...

Amazon made up 11.8% of UPS's total company revenue in fiscal 2024, however, the margin on Amazon packages is "very dilutive" to its U.S. domestic business, the CEO disclosed on the call. She said the ...

United Parcel Service (UPS) said Tuesday that it will cut about 20,000 jobs and shutter 73 of its facilities as the logistics giant cuts costs amid a move to reduce shipping volumes from its largest ...