Nearly 100 major companies, including UPS, FedEx, Starbucks, and Amazon, plan mass layoffs in July amid economic uncertainty and strategic shifts.

Is Amazon laying the groundwork for something more? For the record, it's not a directly devastating blow to FedEx and UPS. Amazon now accounts for only about 10% of United Parcel Service's revenue ...

Meanwhile, Amazon’s stock fell 1%, and shares of UPS rival FedEx Corp. declined 2.1%. UPS said it reached an agreement in principle with Amazon to lower its volume by more than 50% by the second ...

For more than a year, an Amazon issue sent a steady stream of unwanted, oversized packages to a San Jose woman’s home, ...

Amazon is currently second in terms of U.S. market share by volume after surpassing UPS and FedEx in recent years. "Since we began tracking shipments in 2015, the parcel market had been dominated by ...

He points to “Fulfillment by Amazon,” which is now delivering packages of other retailers on the Amazon platform, packages that were being delivered by UPS, FedEx or the post office.

That wasn’t always the case. For decades, Amazon shipped its packages to customers like most other retailers did, using one of the three major shipping companies: UPS, FedEx, and the U.S. Postal ...

However, the FedEx agreement isn't meant to replace delivery capacity from UPS, according to Amazon. The arrangement meets a need for both companies, said Nate Skiver, founder of LPF Spend ...

UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon \u2014 a move that will shed some of its least-profitable business and help shelter ...

Meanwhile, Amazon's stock fell 1%, and shares of UPS rival FedEx Corp. (FDX) declined 2.1%. UPS said it reached an agreement in principle with Amazon to lower its volume by more than 50% by the ...