united parcel service inc. - UPS

UPS, FedEx and other home delivery providers have been slashing costs since the end of home-bound consumers' early pandemic e-commerce binge in late 2021.

UPS is using new technology to help distribute and sort packages faster for the holiday season. This is on top of the 100,000 workers hired for the holidays.

Amazon.com has taken over the largest delivery business in the U.S., surpassing both UPS and FedEx in parcel volumes, postal service remains biggest delivery service.

UPS is leveraging artificial intelligence to prevent "porch pirates" from stealing consumers' packages after they are delivered and recommend the best options for successful deliveries.

The Teamsters union members overwhelmingly voted to ratify the new five-year collective bargaining agreement with UPS after months of negotiations and concerns over a potential strike.

UPS and the Teamsters union announced an agreement on a new collective bargaining agreement on Tuesday after the two sides returned to the negotiating table.

Shipping companies like Amazon, FedEx and the U.S. Postal Service are monitoring the evolving negotiations between UPS and the Teamsters union as a potential strike looms.

UPS and the Teamsters union are set to resume talks on a new collective bargaining agreement this week before the current deal expires at the end of July and an August strike looms.

The president of the Teamsters said Sunday that he asked the White House on several occasions not to engage in his ongoing negations with UPS as a strike looms near.

Logistics giant UPS and the Teamsters union are continuing negotiations over a new collective bargaining agreement that would cover around 340,000 workers and prevent a strike.