Three men accused of breaking into dozens of UPS warehouses across the U.S. in search of expensive electronics have pleaded guilty to the burglary scheme that lasted more than two years, federal prosecutors said. Sekou Fofanah, Shamaire Brown and Quamaire Brown were involved in stealing packages with “high-value” items worth more than $1.6 million from […]
By Ananta Agarwal and Deborah Mary Sophia (Reuters) -United Parcel Service will become the United States Postal Service’s (USPS) primary air cargo provider, the company said on Monday, as rival FedEx announced an end to its more than 20-year partnership with the postal service provider. The financial terms of the contract were not disclosed but […]
Parcel delivery giant UPS on Monday announced it will take over as the primary air cargo provider for the United States Postal Service, replacing FedEx (FDX). UPS stock swung higher early Monday. FDX stock retreated in a buy zone in premarket trade. X UPS said it received a significant air cargo contract from USPS that […]
United Parcel Service (NYSE: UPS) has plans to emerge from its current funk, but the stock has been under pressure due to negative growth and an uncertain timeline for its turnaround. The package delivery giant gave a presentation to analysts on March 26, which included detailed insight into its three-year plan for reaching record revenue […]
United Parcel Service (NYSE: UPS) has plans to emerge from its current funk, but the stock has been under pressure due to negative growth and an uncertain timeline for its turnaround. The package delivery giant gave a presentation to analysts on March 26, which included detailed insight into its three-year plan for reaching record revenue […]
Massachusetts gas prices rose for the second consecutive week and reached an average of $3.29 per gallon of regular fuel on Monday, up from last week’s price of $3.22 per gallon, according to the U.S. Energy Information Administration. The average fuel price in Massachusetts has risen about 15 cents since last month. According to the […]
FedEx has laid off some pilot instructors who teach pilots in the classroom and by using flight simulators, like these at the company’s headquarters in Memphis, Tennessee. (Photo: Eric Kulisch/FreightWaves) FedEx Corp. is laying off an undisclosed number of workers across the organization, despite posting stronger-than-expected quarterly results last week, as the company strives to […]
Starting off Easter weekend is what’s known by Christians as Good Friday — a day to remember the crucifixion of Jesus Christ, two days before the celebration of his resurrection on Easter Sunday. If you feel like Good Friday and Easter came early this year, you’re not wrong. Easter is a “movable” feast for Catholic […]
UPS stock jumped early Tuesday ahead of United Parcel Service‘s (UPS) investor day conference after announcing new strategic initiatives and providing 2026 financial targets. X UPS during its conference plans to discuss its new “Network of the Future” initiative, which it says will optimize and further automate its core integrated network and lower costs. The […]
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Ryanair chief executive Michael O’Leary said on Wednesday he will meet with senior Boeing executives later in the day in Dublin to discuss prolonged delays in plane deliveries as a crisis at the US planemaker deepens. Speaking to Reuters on the sidelines of an aviation conference, he said he will also discuss the certification of […]
GREAT BEND, Kan. (KSNW) — Employees at a Great Bend UPS store helped save a Rush County woman from losing over $60,000 to a scammer. UPS Package Handler and Driver Eli Saffa says it was a normal day at work when he noticed something off with what the customer was saying about the package they […]