I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now ...
Changes over the past month for UPS' SurePost service will lead shippers to explore other options, but shifting volume won't be easy for every customer, parcel delivery experts told Supply Chain Dive.
That resulted in half of all SurePost packages being delivered by UPS drivers. "The investments that we have made in the network and the technology allowed us to insource almost 1.5 million stops ...
The company announces the following set of strategic actions: first, it has reached an agreement in principle with its largest customer to ...
The company is bringing in-house its SurePost partnership with the Postal Service, which should help drive profitability, and it is reconfiguring its U.S. network. UPS also said it has reached an ...
The company will restructure operations, cut labor hours, and in-source SurePost deliveries for smaller orders. The United States Postal Service (USPS) ended its partnership with UPS SurePost.
JPMorgan analyst Brian Ossenbeck expects UPS (UPS) shares to “materially underperform” as the market digests the strategic and financial ...
United Parcel Service expects revenue to decline this year and said it was cutting volumes with its largest customer by half, sending shares down early Thursday. The Atlanta parcel carrier said it ...
UPS also said it would reconfigure its U.S. network and insource deliveries through SurePost, a home-delivery ... changes we've already made, will put us further down the path to becoming a ...