Tome discussed the acceleration of the Amazon volume glide-down plan, aiming to reduce Amazon-related volume by over 50% by June 2026. This initiative is part of a broader strategy to reconfigure ...

United Parcel Service (UPS) will eliminate 20,000 positions and shut 73 facilities as it prepares for a decline in Amazon ...

(Bloomberg) — United Parcel Service Inc. expects to cut 20,000 jobs this year and close dozens of facilities as it ...

The restructuring effort is part of a larger strategy to streamline operations and shift focus toward more profitable ...

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 ...

United Parcel Service announced earnings early Tuesday that beat views and revealed plans to cut 20,000 jobs. UPS stock, ...

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 ...

ANA Holding's takeover of freighter operator Nippon Cargo Airlines from the NYK Group has been pushed back until 23 May as ...