After Amazon announced last week it was closing its operations in Quebec, laying off roughly 2,000 employees, it seems the number of people losing their jobs is much higher. According to Quebec’s ...

"This difficult decision was made in response to well-publicized weakness in the broader agriculture and heavy equipment ...

In addition to the roughly 2,000 employees laid off by Amazon after the company announced it would be closing its Quebec ...

UPS stocks plummeted after it slashed business with the world’s largest online retailer.

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...

UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.

UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.

UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...

United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...

If you rely on Amazon for quick deliveries, you may be in for a surprise. UPS is making big changes that could affect how ...