UPS cancels deal for Estafeta
UPS has dropped its planned purchase of Mexican express delivery company Estafeta because closing conditions were unable to be met.
UPS has dropped its planned purchase of Mexican express delivery company Estafeta because closing conditions were unable to be met.
The Federal Aviation Administration penalized three companies for improperly shipping hazardous materials on FedEx and UPS aircraft.
New UPS and DHL surcharges will add delivery costs for customers during the upcoming peak season.
Driver subscriptions for UPS’s buyout offer are lower than expected, forcing the company to give workers more time to make a decision.
The Teamsters union says the UPS offer to buy out delivery drivers from their contract is a slap in the face.
Many businesses are diverting parcel shipments to cheaper carriers as FedEx and UPS hike rates and surcharges, according to the latest TD Cowen/AFS Freight Index.
A bevy of new final-mile delivery companies is eating into the market share of FedEx, UPS and the U.S. Postal Service. The competition is keeping a lid on rates to the benefit of e-commerce shippers.
UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.
The U.S. Postal Service is saving a great deal of money with UPS as its prime air cargo vendor instead of FedEx, according to a new inspector general’s report.
The powerful Teamsters union is accusing UPS of failing to fully honor terms of its 2023 contract related to air conditioned vehicles, hiring full-time workers and forced overtime.
New tariff calculator tools aim to help shippers calculate import fees amid shifting global trade policies.
Freight-related layoffs hit Amazon, FedEx, UPS and F&S Produce West over the past week.
E-commerce logistics startup Stord has acquired Ware2Go from UPS.
UPS is downsizing its workforce as it pulls back from delivering packages for Amazon, its largest customer.
UPS is expanding its precision logistics capabilities in the pharmaceutical and life sciences sectors with an agreement to purchase Andlauer Healthcare Group in Canada.
A UPS white paper promotes the benefits of traditional express carriers over gig logistics providers, but the TD Cowen/AFS Logistics Freight Index shows why businesses might like the lower prices from newer last-mile providers.
UPS has selected Delta Airlines to maintain engines for its fleet of Boeing 757 freighters.
U.S. parcel volumes hit a record in 2024, but new competitors like Amazon, Walmart and OnTrac are eroding the market share of FedEx and UPS, a new report says.
Effective Sept. 4, all FedEx surcharges will be known as “demand” levies.
With capacity far in excess of demand, the parcel market is in for a very uncertain future.