Louisville is home to UPS Worldport, the largest sorting and logistics facility in America and the UPS Airlines headquarters ... USPS had a contract with FedEx for domestic air transportation services, but it expired on Sept. 29, 2024.

UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be margin- and EPS-accretive in the first year.

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Georgia-based logistics company will cut the volume it moves for the retailer by more than 50% by the second half 2026,

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.

Major U.S. companies are counting on a Marietta manufacturer to help them get passenger baggage to its destination, move boxes across distribution centers or retrieve products for shipment. Vanderlande, a subsidiary of the Toyota Automated Logistics Group, has had a North American business headquarters in Cobb County for over 20 years.

Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular distributions without lifting a finger. Here’s how; Car insurance pre

Air mattresses are great to have on hand for your overnight guests or when you travel. The best air mattresses easily and quickly inflate and deflate, have stable, comfortable sleeping surfaces ...

FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx announced plans to spin off its less-than-truckload segment FedEx Freight into a separate publicly traded company within the next 18 months.

UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies' revised arrangement.

UPS stock dived to a multiyear low.The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half of 2026.