News

UPS has taken a hit from tariffs, Amazon's thin margins, and a sluggish economy, slashing its stock price by over 50%. Despite revenue dips and tight cash flow, the company’s dividend yield has soared ...
Amazon is planning to spend up to $4 billion to enhance its ability to deliver in rural areas. The e-commerce giant has ...
It hasn't been discounted since last year’s Black Friday — and with Father’s Day approaching, the Guinness Nitrosurge deal ...
also reportedly plans to raise retail prices at its U.S. stores between $2 and $10 on average as the tariffs hike supply-chain costs. Nike (NKE) is resuming the sale of its products on Amazon ...
The deal with FedEx, signed in February, gives Amazon “cost favorability” compared with delivery rival UPS, Business Insider had reported, citing an internal document. The deal with FedEx ...
UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon ...
UPS will cut 20,000 jobs ... positions and close 73 facilities as a cost-cutting measure due to economic uncertainty and potential reduced business from Amazon. The move makes UPS the first ...
Global courier UPS is cutting 20,000 jobs ... waves earlier this year when it announced a breakup with the world’s largest e-commerce retailer. Amazon, a competitor as well as a customer ...
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 “glide ...
A truck with the logo of United Parcel Service (UPS), an US shipping ... it handles for Amazon. The decision is part of a broader plan to streamline operations and lower costs amid changing ...
UPS announced on ... year as part of a broader cost-reduction initiative. This strategic decision follows the company's move to scale back its package deliveries for Amazon, its largest customer.