RXO’s Billion-Dollar Move
United Parcel Service and third-party logistics provider RXO struck a deal on Sunday. It matters more for RXO — and its stock.
UPS said it is selling the third-party logistics provider&...
UPS Plunges
United Parcel Service (UPS) recently announced a substantial workforce reduction in response to declining package volumes worldwide. CEO Carol Tomé highlighted this move during an earnings call, aiming to tackle financial challeng...
Shipping Shifts
The U.S. trucking industry anticipates a rise in freight demand in the second half of the year, despite a quarter of lower profits due to decreased package volumes. Executives and analysts are optimistic about a positive shift ahead....
The price of delivery
Delivery tariffs are rising faster than they have in nearly a decade, increasing pressure on merchants to raise prices or find other ways to offset higher costs.
FedEx Corp on Monday said delivery rates will rise by an average...
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