In 2022, FedEx announced efforts to integrate separately operating companies FedEx Express and FedEx Ground. The integration ...

(Fixes bullet point formatting) By Abhinav Parmar and Lisa Baertlein Jan 27 (Reuters) - United Parcel Service will eliminate ...

Memphis-based International Paper said it will split into two publicly traded companies by spinning off its European ...

UPS plans up to 30,000 job cuts as it deepens its break with Amazon and adapts to rising competition in the US parcel market.

The delivery giant says a big reason for the job reductions is that it plans to handle fewer packages for Amazon, its largest ...

Parcel delivery giant UPS says it will cut up to 30,000 jobs this year as it further reduces shipments for its biggest ...

Reductions in 2026 will come from attrition and driver buyouts, said UPS. Read more at straitstimes.com. Read more at ...

United Parcel Service announced Tuesday about 30,000 job cuts this year as the company winds down its partnership with Amazon ...

Nike representatives confirmed that approximately 775 jobs will be affected by a planned consolidation at the company's distribution centers in Tennessee and Mississippi.

In 2025, UPS has already eliminated 48,000 jobs and closed 93 facilities, and in the first half of 2026 it plans to close another 24 locations. As the company’s CEO announced, in 2026 the group ...

Arthur Smith's father was an American businessman and the founder of FedEx.