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UPS and other shipping companies were hit hard by the early April tariff announcement. Shares of United Parcel Service (NYSE: ...
Q1 revenue flat UPS reported first-quarter 2025 consolidated revenues of $21.5 billion, a 0.7 percent decrease from the first ...
UPS’s latest earnings call paints a picture of resilience amid chaos, with notable wins offset by external headwinds and a moody Amazon. UPS saw its U.S. operating profit rise by $164 million, and ...
UPS aims to cut costs and improve profitability after announcing a plan in January to slash the number of low-margin Amazon parcels it delivers by more than half over 18 months. The package handler ...
UPS plans to shed about 20,000 front-line positions in 2025 as it manages the decline in unprofitable business from Amazon and a huge restructuring of its delivery network, executives said Tuesday ...
Q1 2025 Management View CEO Carol Tome highlighted key developments, including consolidated revenue of $21.5 billion for Q1 ...
UPS aims to cut expenses and improve profitability after announcing a plan in January to slash the number of low-margin ...
United Parcel Service (UPS) will eliminate 20,000 positions and shut 73 facilities as it prepares for a decline in Amazon ...
Ups has announced a restructuring plan that includes the closure of 23 logistics platforms and the reduction of around 20,000 jobs by June 2025. Meanwhile, it is reportedly in talks with start-up ...
The restructuring effort is part of a larger strategy to streamline operations and shift focus toward more profitable ...
(Bloomberg) — United Parcel Service Inc. expects to cut 20,000 jobs this year and close dozens of facilities as it ...