U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages after the government agency's contract with the parcel service expired this year. The International Brotherhood of ...
Second, UPS will bring the SurePost deliveries currently undertaken by the USPS in-house. These changes can immediately be seen in the full-year 2025 guidance, whereby management expects lower revenue ...
Changes over the past month for UPS' SurePost service will lead shippers to explore other options, but shifting volume won't be easy for every customer, parcel delivery experts told Supply Chain Dive.
A combination of service risks and price concerns led UPS to break away from the U.S. Postal Service for SurePost deliveries, UPS CEO Carol Tomé said on an earnings call Thursday. UPS was worried ...
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...
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The earning report for Q4 showed $91.1 billion revenue. The company will restructure operations, cut labor hours, and in-source SurePost deliveries for smaller orders. The United States Postal ...
UPS to cut Amazon deliveries by more than 50% by 2026 CEO Tome says Amazon business dilutes margins CFO says SurePost, other e-commerce delivery is more lucrative than that of Amazon UPS aims to ...
The reduction in Amazon deliveries and bringing SurePost deliveries in-house will lead to a significant improvement in the profit margin at UPS. The changes to its network will take time to implement.
UPS also said it would reconfigure its U.S. network and insource deliveries through SurePost, a home-delivery service for smaller packages that previously was coordinated with the U.S. Postal Service.
U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages after the government agency's contract with the parcel service expired this year. The International Brotherhood of ...