UPS

Atlanta-based global freight transportation and logistics services provider UPS said that effective June 1, Executive Vice President and Chief Financial Officer Brian Newman will leave the company.

Discover how the groundbreaking Parcel Spend Management 2.0 technology is reshaping the shipping landscape, placing unprecedented control directly into the hands of shippers.

The UPS-owned company launches its new buy-online, return-in-store (BORIS) solution at 300 Forever 21 stores nationwide.

Earlier this week, Atlanta-based global freight transportation and logistics services provider UPS announced it is increasing fuel surcharges for various service offerings, including UPS Ground Domestic, UPS SurePost, and UPS Domestic Air

Shipping giant UPS struggled with shifting consumer demands and rising costs, resulting in an earnings dip during the first three months of 2024.

Quarterly consolidated revenue, at $21.7 billion, fell 5.3% annually, and adjusted earnings per share, at $1.43, saw a 35.0% annual decline. Consolidated quarterly operating profit came in at $1.6 billion, which was off 36.5% annually.

The 2023 U.S. Parcel Shipping Index is out, and it shows Amazon leading the pack in a changing industry landscape.

FedEx and UPS have announced additional delivery charges for 82 zip codes, including major cities like New York, Los Angeles, and San Francisco.

Experts discuss the effects of UPS replacing FedEx as USPS' main air cargo provider, and what it means for the industry.

Following the news that UPS has been awarded what it labeled a “significant air cargo contract” by the United States Postal Service (USPS), which used to be handled by its biggest competitor, FedEx, there has been no shortage of feedback and opinions on the development.

UPS lands a major contract as it replaced FedEx as USPS's primary air cargo provider.

Atlanta-based global freight transportation and logistics services provider UPS said earlier today it has been awarded what it labeled a “significant air cargo contract” by the United States Postal Service (USPS). UPS officials said that this contract takes effect immediately while also expanding the existing relationship between UPS and USPS. And the company added that after a transition period, UPS will be the primary air cargo provider for USPS, moving the majority of USPS’s United States air cargo.

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UPS will invest $9 billion in automation, targeting efficiency and savings, while closing 200 U.S. facilities.

Atlanta-based global freight transportation and logistics services provider UPS unveiled details regarding its strategic growth and productivity initiatives and its three-year financial targets at its Investor Day. Company officials stated that through its ongoing “Customer First, People Led, Innovation Driven” strategy, UPS is focused on setting up to the company to be the “premium small package provider and logistics partner in the world.”