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And, the small- and medium-sized business that UPS has targeted to offset that weakness could get hit particularly hard, since some of them source 100% of the goods they need from China ...
Speaking on UPS’s earnings call this week, Tomé noted that many of UPS’s small- and medium- sized business customers source from China and that the Trump administration’s 145 percent tariff ...
Shares in UPS — which has about 490,000 employees — fell 1% in early trades on Tuesday after the package delivery giant revealed the job cuts. UPS said it expects to save $3.5 billion this ...
UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that it ...
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