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UPS plans to offer voluntary buyouts to union-represented delivery drivers for the first time in the company’s history as part of an effort to boost profit by slimming down its operations.

“It is with profound sadness and a heavy heart that I share that Frederick W. Smith, our founder and executive chairman, died earlier today,” CEO Raj Subramaniam wrote June 21.

UPS is in talks with robotics startup Figure AI to use humanoid robots for some tasks in the logistics giant’s network. Exact functions that Figure's humanoids would handle remain unclear.   

UPS experienced a 3.3% rise in earnings during the first quarter amid ongoing efforts to reduce costs and improve its network, the company reported April 29.

UPS Inc. is in talks with robotics startup Figure AI to use humanoid robots for some tasks in the logistics giant’s network, according to people familiar with the matter.

President Donald Trump’s tariffs on Chinese imports threaten to disrupt Southern California’s trade and logistics economy, a sector that moves a third of the nation’s container cargo.

The logistics giant this week introduced UPS Ground Saver and UPS Ground with Freight Pricing, both part of a broader strategy to compete more aggressively in the evolving delivery market.

The U.S. Postal Service has been struggling for years, and now President Donald Trump and Elon Musk are considering privatizing it. How did we get here?

UPS Inc. experienced revenue and earnings growth despite a tougher freight market in the fourth quarter of 2024, the parcel delivery company reported Jan. 30.

The report, three years in the making and made public on Sept. 6, lauds the trucking industry for its efforts to join the fight at high-level federal and state government agencies.