UPS

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

The news is a ‘shot across the bow’ to the entire transport market, according to analyst

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%.

UPS posts lower Q1 profit as it scales down Amazon deliveries

The parcel giant has been shifting its focus to higher-margin shipments to support profitability and control costs

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.

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

Announced layoffs are 118% higher compared with January 2025

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.

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

UPS is also looking to rebuild its profitability and stabilise volumes

 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.

UPS buys hundreds of robots to unload trucks in automation push

Unloading trucks and shipping containers at warehouse docks is mostly done by people and remains a key bottleneck in the shipping industry

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

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

Lawsuit alleges negligence in maintenance checks by subsidiary VT San Antonio Aerospace

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

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

The grounding has drained capacity and complicated operations for the world’s largest package delivery companies just as shipping volumes surge for the peak period to Christmas

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.

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

UNITED Parcel Service said it will ground its McDonnell Douglas MD-11 planes, accounting for about 9 per cent of its fleet, after a crash this week.

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.

Engine fell off UPS cargo plane before deadly crash: official

THE death toll from a cargo plane crash in the southern US state of Kentucky rose to 12 on Wednesday, with investigators saying the accident was caused by one of the engines catching fire and detachin...

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.

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

AT LEAST three people were killed and 11 injured after a UPS wide-body cargo plane crashed in Louisville, Kentucky, erupting into a massive fireball shortly after takeoff, Kentucky Governor Andy Beshe...