HSBC has downgraded United Parcel Service (NYSE:UPS) to Hold from Buy and slashed its price target to $105 from $140 per share.

UPS says it is “committed to supporting our employees” as the package company prepares to slash 20,000 jobs and close dozens ...

There is still no word whether the United Parcel Service’s plan to cut almost 20,000 jobs this year — and to close 73 leased and owned buildings by the end of June — will have any effect on the UPS ...

Sean O'Brien went after the delivery giant after it announced 20,000 job cuts, saying the union would take action if their ...

UPS currently has around 490,000 employees operating in more than 200 countries. The layoffs would impact a little more than ...

Amazon.com Inc. plans to build dozens of warehouses to serve rural areas in the US before the end of next year, growing its ...

Shares of United Parcel Service Inc. Cl B UPS slid 1.48% to $95.30 Wednesday, on what proved to be an all-around great ...

His rich labor contract is costing Teamsters jobs at the shipping firm.

The United Parcel Service plans to close 164 operations and 73 buildings by June and cut 20,000 positions by the end of the ...

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon ...

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, ...