This change is part of UPS’s “glide down” strategy, which aims to optimise its business model by focusing on more profitable clients and reducing dependence on Amazon. Despite this reduction ...

Business Insider reported the internal document that it saw said Amazon will experience "cost favorability" compared to UPS through its partnership with FedEx. UPS has long been a third-party ...

Amazon, and navigating ongoing economic uncertainty, says Reuters. Ahead of Tuesday's market open, UPS shares rose nearly 2% after the company outlined plans to generate $3.5 billion in savings by ...

United Parcel Service said it will cut 20,000 jobs and shut 73 facilities to lower costs and to brace for a potential pullback from its largest customer, Amazon.

UPS is holding off on confirming ... Actions like the Amazon wind down “to reconfigure our network and reduce cost across our business could not be timelier,” Tomé said in a statement.

But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and a previously announced plan to trim its Amazon business. UPS in January announced a ...

The deal with FedEx, signed in February, gives Amazon "cost favorability" compared with delivery rival UPS, Business Insider had reported, citing an internal document. MEMPHIS BUSINESS NEWS ...

The deal with FedEx, signed in February, gives Amazon “cost favorability” compared with delivery rival UPS, Business Insider had reported, citing an internal document. The deal with FedEx ...

Amazon has reached a multi-year agreement with FedEx to handle residential deliveries of select large packages, the companies ...

(Reuters) -Amazon has hired FedEx to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was halting its less-profitable deliveries for the e ...

Amazon (NASDAQ:AMZN) has reached an agreement with FedEx (NYSE:FDX) to take over package deliveries previously handled by UPS (NYSE:UPS), according to an email obtained by Business Insider.