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UPS

Transport & Logistics

FedEx, UPS shares sink on ‘watershed’ Amazon logistics move

UPS maintained its forecast of a 1.2% rise in 2026 revenue to US$89.7 billion and an adjusted operating margin of about 9.6%.
Transport & Logistics

UPS posts lower Q1 profit as it scales down Amazon deliveries

UPS said last month it would eliminate up to 30,000 jobs and shut another 24 facilities in 2026 as it reduces deliveries for Amazon.com.
International

UPS, Amazon fuel US planned layoffs in January, Challenger survey shows

The company has cut 48,000 jobs, launched driver buyouts, and closed operations at 93 facilities in 2025 as it targets about US$3 billion in savings in 2026.
Global Enterprise

UPS to cut another 30,000 jobs as it doubles down on turnaround

The courier is taking on its biggest network reconfiguration in history as it seeks to lessen its dependency on labour, trim fixed costs and boost margins.
Transport & Logistics

UPS buys hundreds of robots to unload trucks in automation push

The suit relates to a Nov 4 plane crash, which killed 14 and injured 23.
Companies & Markets

ST Engineering’s US unit among defendants in UPS plane crash lawsuit

FedEx has said it is planning for “modest demand” during the holidays.
Transport & Logistics

UPS, FedEx scramble to shore up networks drained by deadly crash

A drone view of the crash site next to a runway at the Muhammad Ali International Airport following the crash of a UPS cargo plane in Louisville, Kentucky, Nov 7, 2025.
Transport & Logistics

UPS to ground 9% of its airline fleet after plane crash

The McDonnell Douglas MD-11, operated by package delivery giant UPS and bound for Hawaii, crashed at 5.15 pm (2215 GMT) Tuesday, shortly after departing from Louisville Muhammad Ali International Airport.
Transport & Logistics

Engine fell off UPS cargo plane before deadly crash: official

Smoke rises from the wreckage of a UPS MD-11 cargo jet after it crashed on departure from Louisville Muhammad Ali International Airport in Louisville, Kentucky, Nov 4, 2025.
Transport & Logistics

UPS cargo plane crashes in Kentucky, leaving at least 3 killed, 11 injured

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