The Business Times

UPS

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

UPS reported profits of US$1.3 billion in the third quarter, down 14.8 per cent from the year-ago level.
Companies & Markets

UPS deepens job cuts to 48,000 on reduced Amazon deliveries

UPS expects fourth-quarter revenue of about US$24 billion, slightly ahead of expectations.
Transport & Logistics

UPS stuns Wall Street with strong profit and 34,000 job cuts

Trade tensions have prompted many companies to hold back on spending, which in turn has lowered the need for services between firms and hurt UPS’ performance in its domestic market.
Transport & Logistics

UPS profit beats estimates, to cut 20,000 jobs on economic worries

The company deploys fixed robotic arms and AI-driven software in its high-tech Velocity facilities.
Transport & Logistics

UPS in talks with startup Figure AI to deploy humanoid robots

The move to scale back business with Amazon.com by 50 per cent will allow UPS to focus on more profitable shipments.
Transport & Logistics

UPS breaks with Amazon to take ‘control of own destiny’

FILE PHOTO: A United Parcel Service (UPS) truck on delivery is pictured in downtown Los Angeles, California October 29, 2014. Determined not to repeat a holiday season that left millions of packages delivered too late and customers seething, United Parcel Service Inc and FedEx Corp are investing heavily in new infrastructure - but the continued dynamic growth of e-commerce will test those efforts. The world's two largest shipping companies are building new facilities, adding more temporary holiday workers and pushing retailers to help them avoid a recurrence of a pre-Christmas shipping logjam. REUTERS/Mike Blake (UNITED STATES - Tags: BUSINESS LOGO)/File Photo
Companies & Markets

UPS sees profit growth for first time in nearly 2 years

UPS posted an adjusted profit of US$1.79 per share for the quarter, below analysts’ estimates of US$1.99
Transport & Logistics

UPS misses quarterly estimates on high labour costs, weak small-package demand

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More