India's electronics exports have reached ₹3.3 lakh crore, marking a structural shift. Among many EMS players, 3 have gained ...
The large workforce reduction marks the third year in a row UPS has significantly cut jobs.
UPS announced its decision to retire the use of MD-11 planes following the Nov. 4 UPS crash in Louisville during an earnings ...
(Fixes bullet point formatting) By Abhinav Parmar and Lisa Baertlein Jan 27 (Reuters) - United Parcel Service will eliminate ...
UPS plans up to 30,000 job cuts and 24 facility closures in 2026 as it scales back Amazon volume, accelerates automation, and ...
FedEx said it is working with Boeing and the FAA to return its MD-11 freighters to service by May 31, a day after UPS retired ...
UPS officially retires entire MD-11 cargo fleet following deadly Louisville crash that killed 14 people, replacing aircraft ...
United Parcel Service ( UPS) announced on its earnings conference call on Tuesday that the shipping giant plans to eliminate an additional 30,000 jobs this year as part of the winding down of its ...
Parcel shipping is rapidly shifting from predictable, static pricing to dynamic rates that fluctuate with demand, capacity, and customer characteristics. This shift, led by UPS and FedEx, brings ...
UPS has fully retired its MD-11 fleet, booking a US$137m charge as it modernizes operations following the 2025 Louisville ...
The MD-11s constituted around 9% of UPS’s fleet, and their write-off resulted in an after-tax charge of $137 million for the ...
UPS is leaning into automation to cut costs.