Last quarter, domestic revenue declined alongside volume, but the revenue per piece improved, which was a big needle mover ...
Amidst falling consumer confidence - the Conference Board’s Consumer Confidence Index fell to its lowest level since 2011 - United Parcel Service (NYSE: UPS) announced it is laying off 20,000 workers.
UPS is making major changes to its business operations that will affect both the company and its customers. According to the Associated Press, the company announced Tuesday it plans to cut 20,000 jobs ...
UPS faces declining revenues, margin pressure, and union resistance, but $82 offers a compelling long-term entry point for patient investors. Cost savings and automation initiatives are underway, but ...
United Parcel Service has slashed 48,000 jobs this year — one of the largest single-year reductions by a US company since the pandemic — as the package giant scrambled to contain costs and revive its ...
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