Since the company announced the breakup with its largest customer in January, tariff-fueled trade wars have fanned economic ...

Amazon has secured a new partnership with FedEx to fill delivery gaps after falling out with UPS, Business Insider has ...

UPS said Tuesday that it expects to cut 20,000 jobs this year and close 73 buildings in the next two months, as the company reduces its business with Amazon and faces wider economic uncertainty.

But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and a previously announced plan to trim its Amazon ... for a tariff roll-back.“ ...

United Parcel Service said it will cut 20,000 jobs and shut 73 facilities to lower costs and to brace for a potential ...

Amazon accounted for 11.8% of UPS' overall revenue in 2024. "The actions we are taking to reconfigure our network and reduce cost across our business could not be timelier," Tome said. Last year ...

But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and a previously announced plan to trim its Amazon business. UPS in January announced a ...

Cutting more than half of its Amazon deliveries is good for UPS’s business in the long run, its CFO says Jennifer Williams ...