UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
Loop Capital cut its ratings on FedEx and UPS in response, warning of higher prices and reduced transportation volumes.
UPS and FedEx are working hard to avoid a Christmas shipping fiasco like the one last year. WSJ's Laura Stevens reports on the News Hub with Sara Murray. Photo: Getty.
The holiday season is here, and that means FedEx (NYSE: FDX) and United Parcel Service (NYSE: UPS) are hard at work fulfilling peak order volumes. FedEx has produced decent gains on the year ...
Amazon's warehouses in the Houston area were closed Tuesday after several inches of snowfall forced the closure of roads and freeways in the region and disrupted normal business operations. That could ...
These new tariffs could make it worse. Why tariffs are particularly bad news for UPS, Forward Air, and FedEx According to data from S&P Global Market Intelligence, FedEx does 72% of its business ...