Louisville is home to UPS Worldport, the largest sorting and logistics facility in America and the UPS Airlines headquarters ... USPS had a contract with FedEx for domestic air transportation services, but it expired on Sept. 29, 2024.

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

Shares in express giant UPS fell today after the company revealed plans to offload 50% of its business with its largest customer Amazon

FedEx (NYSE:FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE:UPS) released a revenue forecast that fell short of market expectations, signaling weaker demand in the parcel delivery sector.

(Reuters) - -United Parcel Service on Thursday forecast 2025 revenue below Wall Street estimates, as gains from cost cuts were offset by customers opting for cheaper, slower ground-based deliveries from more profitable air-based services. Shares of the world's largest package delivery fell more than 5% early in the trading session.

Shares of United Parcel Service (UPS) sank 10% in premarket trading Thursday after the shipping giant reported worse-than-expected fourth-quarter results. The company reported net income of $1.72 billion,

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United Parcel Service, Inc. (NYSE:UPS), the world's largest package delivery company, continues to navigate a complex and evolving global logistics landscape. With a vast network spanning over 220 countries and territories,

Major U.S. companies are counting on a Marietta manufacturer to help them get passenger baggage to its destination, move boxes across distribution centers or retrieve products for shipment. Vanderlande, a subsidiary of the Toyota Automated Logistics Group, has had a North American business headquarters in Cobb County for over 20 years.