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United Parcel Service News Monitoring

  • Published on Apr 30, 2025

    UPS cites Trump tariffs as it announces expected layoffs of 20,000 workers

    The United Parcel Service (UPS) is expected to cut about 20,000 jobs in 2025 as a part of a larger plan to reduce costs and increase profit, citing “changes in the global trade policy and new or increased tariffs”. UPS announced the layoffs on Tuesday in …

    Source: The Guardian - Center-left
  • Published on May 1, 2025

    Stocks rise to kick off May as Microsoft and Meta rekindle the AI trade: Live updates

    Stocks rose on Thursday after strong quarterly results from two Big Tech players eased concerns that artificial intelligence progress would slow amid economic turmoil. The Dow Jones Industrial Average climbed 83.60 points, or 0.21%, to close at 40,752.96. …

    Source: NBC 4 - New York - Neutral
  • Published on May 1, 2025

    Trump’s Recession Has Begun

    This is how the recession begins. In Seattle, cargo shipments are down 60 percent. Los Angeles will be next. As recently as November, The Los Angeles Times reported that cargo traffic at the ports of Los Angeles and Long Beach reached record highs. But …

    Source: The New Republic - Left-wing
  • Published on May 1, 2025

    Chinese factories slow in early sign of trade war’s toll

    President Donald Trump’s tariffs are already taking a toll on China’s factories. Three weeks into a trade war that pushed import tariffs of Chinese-made goods to 145%, an official report on manufacturing activity signaled that in April, Chinese factories …

    Source: Hawaii Tribune Herald - Neutral
  • Published on May 1, 2025

    Navy Loses Super Hornet Overboard

    Posted by Java Joe on Thursday, May 1, 2025 · Leave a Comment  Morning Coffee is a robust blend of links to news around the internet concerning the Naval Air Station Patuxent River economic community. The opinions expressed here do not reflect opinions of …

    Source: The Lexington Park Leader - Maryland - Neutral
  • Published on May 1, 2025

    Perimeter Area: Revitalized Region

    It was nearly a decade in the making, but the massive reconfiguration of the interchange at Interstate 285 and Georgia 400 is finally in the rearview mirror, and life is good inside the Perimeter district. Fortune 500 companies weathered the disruption of …

    Source: Georgia Trend - Neutral
  • Published on May 1, 2025

    UPS recortará 20.000 empleos y cerrará instalaciones al reducir envíos de Amazon que gestiona

    UPS busca recortar alrededor de 20.000 empleos y cerrar más de 70 instalaciones mientras reduce drásticamente la cantidad de envíos de Amazon que maneja. La empresa de entrega de paquetes expresó que anticipa realizar los recortes de empleo este año. …

    Source: Los Angeles Times - Center-left
  • Published on May 1, 2025

    UPS layoffs: 20,000 jobs cut, 73 locations to close as company cites less Amazon business and tariff uncertainty

    United Parcel Service (UPS) said on Tuesday it will slash 20,000 jobs and close more than 70 facilities to lower costs as it braces for less Amazon shipments, due to global economic uncertainty and changing consumer habits. Most Read from Fast Company The …

    Source: Yahoo Finance - Pending
  • Published on May 1, 2025

    Unclear what UPS cuts will mean to Elkins

    ELKINS — There is still no word whether the United Parcel Service’s plan to cut almost 20,000 jobs this year — and to close 73 leased and owned buildings by the end of June — will have any effect on the UPS center located off the Beverly Five-Lane in …

    Source: The Inter-Mountain - West Virginia - Pending
  • Published on May 1, 2025

    UPS Layoffs: Are 20K Jobs Being Cut Because Of Amazon?

    The United Parcel Service (UPS) plans to cut 20,000 jobs this year as part of a cost-cutting strategy driven by “new or increased tariffs” and a deliberate move to scale back Amazon shipments despite the retailer being its largest customer. 1. The Atlanta- …

    Source: Blavity - Left-wing
  • Published on May 1, 2025

    TRUMP TARIFFS: UPS cutting over 20,000 jobs due to ‘new tariffs’

    April 29, 2025 (USA)~The United Parcel Service (UPS) is expected to reduce its workforce by roughly 20,000 during 2025, citing “new or increased tariffs” and “changes in general economic conditions in the U.S. or internationally” for the cuts. UPS …

    Source: Los Cerritos Community Newspaper - California - Pending
  • Published on Apr 30, 2025

    Teamsters President: ‘UPS Will Be in for a Hell of a Fight’ After Layoffs

    The announcement from UPS that it would lay off 20,000 employees in 2025 generated some blowback from its largest union. The International Brotherhood of Teamsters, which represents more than 300,000 workers at the parcel delivery company, suggested in the …

    Source: Sourcing Journal - New York - Neutral
  • Published on Apr 30, 2025

    Get the Facts: How UPS cutting 20,000 jobs globally could impact the economy

    The United Parcel Service is planning for significant changes with plans to cut 20,000 jobs and reduce the amount of volume they deliver for Amazon by more than 50% by June 2026. This restructuring marks what the company describes as "the largest …

    Source: WLKY - Kentucky - Neutral
  • Published on Apr 30, 2025

    UPS Delivers A Q1 Beat; Package Firm Will Cut 20,000 Jobs, Shut Buildings

    United Parcel Service announced earnings early Tuesday that beat views and revealed plans to cut 20,000 jobs. UPS stock, which trades near five-year lows, fell moderately. Tuesday's report was UPS' first since President Donald Trump rolled out …

    Source: Yahoo Finance - Pending
  • Published on Apr 30, 2025

    Amazon to invest $4 billion to speed up deliveries in rural US

    (Bloomberg) — Amazon.com Inc. (AMZN) plans to build dozens of warehouses to serve rural areas in the US before the end of next year, growing its footprint as the company works to rely less on other carriers. Most Read from Bloomberg The firm said it …

    Source: Yahoo Finance - Pending
  • Published on Apr 30, 2025

    Large U.S. company to close 73 buildings, cut 20,000 jobs

    UPS CEO Carol Tome speaks during an event in Lower Swatara Township, near Middletown, Pennsylvania in 2023. UPS plans to make its largest reconfiguration in its history. September 13, 2023. Dan Gleiter | dgleiter@pennlive.com The United Parcel Service …

    Source: Penn Live - Pennsylvania - Pending
  • Published on Apr 30, 2025

    UPS Tops Q1 Estimates, Announces 20,000 Employees Being Laid Off This Year

    Kevin Carter / Getty Images United Parcel Service (UPS) reported first-quarter results that topped analysts' estimates Tuesday, and the company also announced plans to shrink its workforce and close dozens of facilities. UPS reported adjusted …

    Source: Yahoo Finance - Pending
  • Published on Apr 30, 2025

    Taking Stock of Donald Trump’s First One Hundred Days

    The first hundred days of a presidency have historically marked the point at which it is reasonable to assess a new administration. But over this brief period, Donald Trump has signed 139 executive orders, just twenty-three less than Joe Biden did over …

    Source: Jacobin - Left-wing
  • Published on Apr 30, 2025

    UPS to cut jobs and 164 buildings due to tariffs. See Ohio locations

    President Donald Trump's plan to increase tariffs continues to impact U.S. and global trade and commerce. United Parcel Service, also known as UPS, is expected to cut around 20,000 jobs and close 164 buildings due to 'new or increased tariffs,' …

    Source: The Daily Jeffersonian - Ohio - Pending

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