Good morning. UPS continues to lean into a strategy positioning it for long-term growth—one that required shrinking its decades-long partnership with Amazon. The package-delivery giant (No. 47 on the ...
The Teamsters are suing UPS over the logistics giant’s planned rollout of another voluntary buyout program for full-time drivers, alleging that the decision constitutes a violation of the national ...
UPS and the Teamsters have settled their differences over the implementation of a driver buyout program, with both parties agreeing to cap the voluntary plan to 7,500 drivers nationwide. In late March ...
YOU ARE WATCHING WLKY NEWS. ANNOUNCER. IS NOT ONLY ITS PLAN TO FULLY RETIRE ITS MD 11 FLEET, BUT ALSO CUT THOUSANDS OF JOBS. THIS COMES AS THE COMPANY CONTINUES TO REDUCE THE SHIPPING WORK IT DOES FOR ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The shipper's wind-down with ...
UPS continues to shed low-margin Amazon delivery volume Plans to reduce 30,000 jobs in 2026 through attrition and driver buyouts Forecasts 2026 revenue above Wall Street target Takes $137 mln charge ...
Add Yahoo as a preferred source to see more of our stories on Google. United Parcel Service drivers in San Antonio and across Texas are being offered a $150,000 severance package as the company cuts ...
In 2025, UPS eliminated 48,000 jobs, launched driver buyouts and closed operations at 93 buildings as Amazon volume shrank. This year’s job reductions will come via attrition and another buyout offer ...
United Parcel Service plans to cut as many as 30,000 operational jobs, close at least two dozen buildings and continue decreasing Amazon shipments in efforts to cut costs and boost profits this year, ...
On Friday, Feb. 20, a federal judge in the District Court in Massachusetts gave UPS the green light to implement its Driver Choice Program, much to the delivery company's relief. UPS secured a key ...
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