Louisville is home to UPS Worldport, the largest sorting and logistics facility in America and the UPS Airlines headquarters ... USPS had a contract with FedEx for domestic air transportation services, but it expired on Sept. 29, 2024.
FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx announced plans to spin off its less-than-truckload segment FedEx Freight into a separate publicly traded company within the next 18 months.
FedEx (NYSE:FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE:UPS) released a revenue forecast that fell short of market expectations, signaling weaker demand in the parcel delivery sector.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular distributions without lifting a finger. Here’s how; Car insurance pre
Why is Arnold Palmer Regional Airport losing money? The Unity airport is a small alternative in Westmoreland County. If you don’t want to brave the parkway and negotiate the sometimes intimidating scope of Pittsburgh International Airport,
Major U.S. companies are counting on a Marietta manufacturer to help them get passenger baggage to its destination, move boxes across distribution centers or retrieve products for shipment. Vanderlande, a subsidiary of the Toyota Automated Logistics Group, has had a North American business headquarters in Cobb County for over 20 years.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Georgia-based logistics company will cut the volume it moves for the retailer by more than 50% by the second half 2026,
The "Cold Chain Tracking and Monitoring Market - 4th Edition" report has been added to ResearchAndMarkets.com's offering. The definition of a real-time cold chain tracking solution is a system that incorporates data logging,
I went by an actual store, but it was crowded because of the holidays. I passed a UPS drop off box and I knew that the package most likely wouldn’t fit. I decided to try to force it into the box ...