UPS too has been slashing costs: last year it closed 93 buildings and cut 48,000 staff, reducing costs by $3.5bn. Another ...

FedEx (FDX) reports Q4 earnings June 23. Analysts expect $5.96 EPS, $24B revenue. Stock up 40% YTD as Freight spin-off and ...

Logistics and transportation companies like UPS and FedEx now have a new competitor—but it's not a new name. Amazon created a service called Amazon Supply Chain Services, bringing many services to ...

Shares of FedEx (NYSE:FDX | FDX Price Prediction) are down 9% to roughly $359 in midday trading Monday, while United Parcel Service (NYSE:UPS) stock is down 10% to about $97. The trigger: Amazon ...

Amazon revealed it will begin offering shipping services to companies whether or not they sell goods on its e-tailing site — a bombshell announcement that sent shares of FedEx and UPS tumbling. The ...

UPS and FedEx shares sank Monday after Amazon announced it was opening up its supply chain network to outside companies. Both stocks fell roughly 10% on Monday. The move could position Amazon as a ...

Shares of United Parcel Service and FedEx slid after The Wall Street Journal reported that Amazon is opening up its global supply-chain network to all businesses. UPS traded down 10% Monday, while ...

Amazon is opening its logistics network to outside businesses through a new offering called Amazon Supply Chain Services. (Amazon Photo) Amazon launched a new business that opens its entire logistics ...

After the Supreme Court struck down President Donald Trump's sweeping tariffs back in February, UPS and FedEx, two of the largest delivery companies in the United States, vowed to share tariff refunds ...

FedEx and UPS said they will return tariff refunds to customers after a Supreme Court ruling opened the door to potentially billions of dollars in reimbursements tied to Trump-era import taxes. The ...

(NEXSTAR) – Shipping giants FedEx and UPS are vowing to return refunded money to costumers in the wake of a February court ruling that invalidated Trump’s use of the International Emergency Economic ...

Deutsche Bank pointed to a positive read-through for FedEx (FDX) from UPS' (UPS) recent earnings report. Analyst Richa Harnain highlighted that UPS (UPS) indicated on its earnings conference call that ...