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Aloha Air Cargo has decided to close its Los Angeles-Honolulu lane, effective June 1, because of weak demand, FreightWaves has learned. The route ...
The recent recovery of the air cargo market didn't happen soon enough to save Iceland-based cargo airline Bluebird Nordic, which ceased operat...
Happy Returns, a UPS (NYSE: UPS) company, has launched its buy-online, return-in-store (BORIS) solution for retailers to develop reverse logistics ...
Corporate earnings came to the market’s rescue in the past week, helping to overcome rate fears. As we look ahead to the unfolding week, it r...
The shift to electric delivery vehicles by United Parcel Service Inc (NYSE:UPS) and FedEx Corp (NYSE:FDX) reportedly&...
Editor’s note: This story has been updated to reflect that $170,000 in compensation for UPS drivers is a figure stated by UPS CEO Carol Tomé...
The U.S. Postal Service plans to shift daily air cargo volumes to UPS before the contract with FedEx expires in September to ensure no service inte...
A substantial slowdown in the shipping business has caused United Parcel Service, Inc. (NYSE:UPS) to deliver lackluster first-quarter results on Tu...
United Parcel Service Inc (NYSE:UPS) shares are trading slightly higher after it reported first-quarter FY24 results. Reve...
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2024-06-30 05:06:00 ET A solid earnings report from FedEx (NYSE: FDX) sent its shares soaring, and that's probably why UPS (NYSE: UPS) stock rose in the first trading day after the earnings release. Such events are common in investing, and a deeper look at the earnings repor...
2024-06-29 18:32:00 ET Shares in UPS (NYSE: UPS) , aerospace materials company Hexcel (NYSE: HXL) , and security doors and locks company Allegion (NYSE: ALLE) have all experienced a significant dip so far in 2024, lagging behind the S&P 500 index's 14.6% gain...
2024-06-27 11:43:30 ET An analyst at Evercore ISI recently lowered the price targets of UPS (NYSE: UPS) and FedEx (NYSE: FDX) ahead of the latter's fourth-quarter 2024 earnings report. Evercore's earnings estimates for both companies decreased over concerns about declini...