United Parcel Service Inc (UPS) Price

FedEx Costs Rise $25M After UPS Crash Grounds MD-11 Fleet

FedEx incurred $25 million in additional costs in November and anticipates more in December after a rival's plane crash forced the grounding of its MD-11 fleet.

Pickle Robot Taps Tesla Veteran for CFO, Signals Growth with $120M UPS Deal

Logistics startup Pickle Robot appointed a former Tesla executive as its first CFO, coinciding with a reported $120 million expansion deal with UPS.

UPS Stock Gains 9.3% Despite Weakening Earnings Forecast

United Parcel Service (UPS) stock has gained 9.3% in the past month, outperforming the S&P 500, even as analysts forecast a 20.7% year-over-year decline in current-quarter earnings.

UPS Deploys AI to Combat $76.5B in Retail Return Fraud

UPS-owned Happy Returns is deploying an AI tool to combat the estimated $76.5 billion in fraudulent retail returns that affect U.S. retailers annually.

FedEx Beats Q2 Estimates, Reports $4.82 EPS

FedEx reported fiscal second-quarter adjusted earnings of $4.82 per share, beating Wall Street estimates of $4.12, on sales of $23.5 billion.

USPS Opens Delivery Network to Combat $9B Annual Loss

The U.S. Postal Service announced it will open its last-mile delivery network to more shippers in an effort to offset its $9 billion annual net loss.

UPS Bets $120M on Robots to Slash Operating Costs

United Parcel Service will invest $120 million in 400 truck-unloading robots as part of a broader strategy to achieve $3 billion in cost savings by 2028.

Fortune Taps Tech and Finance For Future CEO Roles

Fortune's 2025 'Next to Lead' list identified 25 rising executives, with technology and financial services each contributing six leaders to the list of potential future Fortune 500 CEOs.

Knight-Swift Trims Fleet as Chairman Sells Shares

Knight-Swift Executive Chairman Kevin P. Knight sold $1.8 million in company stock as the carrier reduces its fleet. The moves come amid a persistent freight market downturn characterized by excess capacity and suppressed demand.

UPS Acquires Andlauer, Deepens Healthcare Logistics Push

UPS acquired Andlauer Healthcare for $1.6 billion, expanding its footprint in the specialized medical logistics sector. The move is viewed cautiously by investors due to near-term economic pressures, despite the stock's high 6.5% dividend yield.

UPS Restructures Amid Lawsuit, Gig-Delivery Expansion

UPS is executing a dual strategy of workforce reductions and expanding its gig-based same-day delivery service through its subsidiary, Roadie. This comes as the company faces a significant lawsuit from the New York Attorney General over alleged wage theft involving seasonal workers.

Leverage Shares Launches Six New 2x Stock ETFs

Leverage Shares by Themes has expanded its offerings with six new single-stock leveraged ETFs, providing 200% daily exposure to a diverse set of companies and reflecting a growing market interest in trading vehicles beyond mega-cap technology stocks.

US Jobless Claims Post Largest Rise Since 2020

Initial U.S. jobless claims saw their largest weekly increase since March 2020, but economists widely attribute the spike to seasonal volatility following the Thanksgiving holiday. The underlying labor market trend appears stable, supported by a steady four-week moving average, even as the Federal Reserve expresses concerns over potential weakness.

Bouqs Partners With Roadie Amid Delivery Wars

Online flower retailer Bouqs has partnered with Roadie for same-day delivery to compete in a logistics market increasingly dominated by giants like Amazon. The move aims to meet consumer expectations for rapid delivery and capture seasonal demand.

Record Holiday Spending Masks Economic Fault Lines

Projected record holiday sales are set against a backdrop of increasing consumer strain and economic cooling. While headline figures suggest robust spending, a deeper analysis reveals a K-shaped recovery where affluent shoppers drive growth at discount retailers, while lower-income households cut back amid rising debt and a weakening labor market.

MD-11 Fleet Grounding Extends to 2026, Pressuring UPS and FedEx Ahead of Peak Season

Apple Announces Sales Division Restructuring with Limited Layoffs