UPS materially boosted its total dividend payment by almost 50% in 2022 (to more than $5 billion annually). While we think the increase was somewhat ambitious, outside of major economic disruption, ...

Bitcoin has decoupled from U.S. equities after the trade war between the U.S. and China escalated and has been seeing bets on ...

In January, three police officers arrived at a warehouse in central Connecticut run by a company called UniUni, a logistics ...

A look around the league, including the class of pending unrestricted free agents, shows that the Sabres' best, and most ...

The company announced that it will be reducing its workforce by around 20,000 positions in 2025, while closing over 70 ...

UPS plans to fire 20,000 people before the end of the year, in the midst of a Trump-induced drop in deliveries from Amazon, ...

UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and general changes in economic conditions.

The bottom line: We are now anticipating a tariff-induced US economic slowdown. As a result, we are incrementally tempering our 2025 and 2026 revenue and margin assumptions for wide-moat UPS and ...

The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.

United Parcel Service said on Tuesday it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in ...

UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and expected lower ...

The restructuring follows UPS's decision to drop 50% of its volume from Amazon, its largest client. UPS also cited weakening ...