Memphis-based International Paper said it will split into two publicly traded companies by spinning off its European ...

In 2022, FedEx announced efforts to integrate separately operating companies FedEx Express and FedEx Ground. The integration is part of Network 2.0, the company’s multiyear plan to increase efficiency ...

(Fixes bullet point formatting) By Abhinav Parmar and Lisa Baertlein Jan 27 (Reuters) - United Parcel Service will eliminate ...

UPS plans up to 30,000 job cuts as it deepens its break with Amazon and adapts to rising competition in the US parcel market.

Major companies including Amazon and Ericsson are set to make substantial job cuts in early 2026. Amazon plans to reduce ...

The delivery giant says a big reason for the job reductions is that it plans to handle fewer packages for Amazon, its largest ...

The delivery company said it was planning the cuts this year because it expected to deliver fewer packages for Amazon, a ...

Parcel delivery giant UPS says it will cut up to 30,000 jobs this year as it further reduces shipments for its biggest ...

Nike representatives confirmed that approximately 775 jobs will be affected by a planned consolidation at the company's distribution centers in Tennessee and Mississippi.

Reductions in 2026 will come from attrition and driver buyouts, said UPS. Read more at straitstimes.com. Read more at ...

United Parcel Service announced Tuesday about 30,000 job cuts this year as the company winds down its partnership with Amazon ...