The Amazon-UPS divorce is a wake-up call for every logistician in Asia. The message to Singapore is clear: Don't compete on volume; dominate on orchestration.
UPS announced during an earnings call on Jan. 27 it plans to lose 30,000 jobs and closed 24 facilities across the company in ...
A major theme of Atlanta-based global freight transportation and logistics services provider UPS’s fourth quarter earnings announcement was the ongoing glide down of its business with global ...
UPS plans to reduce its workforce by up to 30,000 jobs by 2026, focusing on attrition and voluntary separation. This move ...
United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage company in 2015 — to focus more on its ...
ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) today announced that is has agreed to acquire Frigo-Trans, and its sister company BPL, (together “Frigo-Trans”) industry-leading, complex healthcare logistics ...
More than 2,000 workers have been laid off across logistics and manufacturing firms as 2026 begins, driven by facility closures, lost contracts and bankruptcy filings.
AI-driven digital freight matching platforms are transforming the brokerage landscape, helping shippers and carriers automate workflows, boost utilization, and navigate the lingering freight recession ...
Sandy Springs-based UPS, which is slashing costs as it seeks to boost its bottom line, is selling its Coyote Logistics freight brokerage unit for $1.025 billion, nine years after acquiring the ...
The shipping courier faces daunting near-term headwinds.
UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23. RXO expects the transaction will ...