UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...
UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will shed some of its least-profitable business and help shelter profits from ...
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...
The company said it had reached an agreement in principle with its top customer to lower volume by more than 50% by the end of 2025. UPS has also decided to insource all of its UPS SurePost products ...
Indian gas distributor GAIL reported a nearly 30% fall in third-quarter profit before one-off items and taxes on Thursday, as ...
We think PCA has a sound capital structure. Its consistent free cash flow generation should easily support its debt-service requirements and future capital-allocation decisions. Leverage increased ...
The share of small-denomination banknotes in the cash supply structure increased due to the fact that the Bank of Russia has resumed printing 5-and 10-ruble banknotes and that updated 100-ruble bankno ...
Sysco allows restaurants to buy the bulk of its needs from a single source rather than dozens of producers, simplifying logistics and saving time. While the goods it sells are commodities, Sysco can ...
Energy Transfer's new projects, including a $2.7 billion natural gas pipeline and LNG contracts, will drive long-term growth.
Illicit crypto volumes may have reached as much as $51 billion in 2024, according to estimates from Chainalysis, but the share of illicit crypto use compared to the entire market has fallen to the ...
Renault, which mainly sells in Europe, said it sold 2.26 million vehicles, with a growing share made up of hybrids ... electric vehicles made up 16% of European volumes in the fourth quarter ...
A record volume of container cargo passed through the Port of Philadelphia last year, officials said Wednesday, continuing a decade-long growth trend. Even as stakeholders celebrated that milestone, ...