The move brings millions of packages back into the carrier's network for final-mile delivery, according to the union.
JPMorgan analyst Brian Ossenbeck says UPS (UPS) underperformed the broader industrials group as well as peer FedEx (FDX) on Friday as the ...
UPS (UPS) may not have renewed its SurePost service agreement with the United States Postal Service, which may introduce some volume risk into ...
UPS faces execution risks in transitioning SurePost volume, while FedEx could benefit from higher rates on deferred delivery services. JP Morgan analyst sees long-term positives for UPS but ...
By Shannon Lukens. The UPS Surepost program ended nationally on Dec. 31. What that means is that UPS will reject any package ...
The analyst notes that the contract between UPS and the United States Postal Service (USPS) for SurePost expired on December 31, 2024, and it seems the two companies did not reach a new agreement.
This could accelerate UPS's push into higher-margin operations, but also creates uncertainty. SurePost is a UPS service created in 2011 that offered lower rates in return for non-expedited transit ...