Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.

Parcel delivery company UPS (NYSE:UPS) in Q4 CY2024, with sales up 1.5% year on year to $25.3 billion. On the other hand, the ...

Meta Platforms (NASDAQ: META) stock rose 1.3% after the Facebook-owner reported better-than-estimated fourth-quarter revenue, ...

Discover how USPS privatization could reshape mail delivery, from rising costs and slower service to Amazon's evolving role in rural logistics.

Magento is one of the most powerful and widely used e-commerce platforms, providing businesses with numerous tools and ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages after the ... and any business can use it now at our published rates." USPS had a contract with FedEx for domestic ...

A few delivery services might be the blame. According to a report, an expire contract agreement between UPS and the US Postal Service has delayed millions of packages across the country.

The United States Postal Service is raising rates on parcel shipping services effective Sunday ... The price of a Priority Mail flat rate envelope (size 12-1/2″ x 9-1/2″) will jump from ...

Mortgage rates rose above 7% for the first time since mid-2024, an early setback for a housing market that is coming off two consecutive years of poor sales. The average rate on the standard 30 ...

Hope Capital has announced its biggest ever rate drop, now providing flat rates across its bridging range. Previously the lenders rates were priced depending on the specific deal and the level of ...

The bond market’s moves might seem strange given that the Federal Reserve has lowered interest rates three times starting in September. But it’s a reminder that markets care more about the future than ...