UPS stock is lower after announcing that it plans to cut volume for Amazon, its largest customer, by more than 50% by late ...

and its high-cost Teamster labor contract,” analysts Ken Hoexter and Adam Roszkowski said in a note. UPS shares climbed 1.5% in the premarket trade. The analysts think the end of a nearly 3-year ...

United Parcel Service (NYSE:UPS) pushed higher in early action on ... and its high-cost Teamster laborcontract," highlighted analyst Ken Hoexter. Notably, BofA's proprietary Truck Shipper Survey ...

Gross domestic product (GDP) increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Bureau of ...

Bank of America (NYSE:BAC) (BofA) analysts upgraded United Parcel Service Inc (NYSE:UPS) stock to Buy from Neutral on Thursday, citing an anticipated end to the freight recession by 2025 and potential ...

The Wall Street Journal criticized Trump, accusing him of prioritizing “unions over workers,” while Fox News contributor ...

In response to a successful unionization effort at a warehouse in Quebec, Amazon is shuttering its operations in the entire ...

Now comes the rest of the story, and it isn’t pretty. UPS shares plunged Thursday 14.1% after it announced workforce and delivery reductions. Workers who lose their jobs can thank Mr. O’Brien.

UPS SurePost packages are now being delivered by UPS drivers only, rather than a large portion of those parcels going to the U.S. Postal Service, a Teamsters union spokesperson told Supply Chain ...

UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday. The ...