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The Trump administration ended U.S. duty-free access for low-value shipments from China and Hong Kong on Friday, removing the ...
DHL Group is trimming some airline partners to reduce excess capacity in its air network as part of an effort to maintain ...
Thao Hua wrote for Heard on the Street in London, covering technology, media, telecoms, industrials, airlines and the auto industry in Europe.
The president's executive order banning China-originating shipments from utilizing the trade exception took effect at 12:01 ...
The expiration of the so-called de minimis rule that has allowed as many as 4 million low-value parcels to come into the U.S.
UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon ...
Following first-quarter results, we are lowering our DCF-derived fair value estimate for DHL Group to EUR 39, from EUR 40. This is primarily due to tempering our near-term revenue and margin ...
A report recently issued by ShipMatrix, a subsidiary of Warrendale, Pa.-based SJ Consulting, points to an increasing shift in the parcel marketplace that is having an impact on the parcel duopoly of ...
UPS materially boosted its total dividend payment by almost 50% in 2022 (to more than $5 billion annually). While we think the increase was somewhat ambitious, outside of major economic disruption, ...
UPS aims to cut costs and improve profitability after announcing a plan in January to slash the number of low-margin Amazon parcels it delivers by more than half over 18 months. The package handler ...
UPS plans to shed about 20,000 front-line positions in 2025 as it manages the decline in unprofitable business from Amazon and a huge restructuring of its delivery network, executives said Tuesday ...
UPS aims to cut expenses and improve profitability after announcing a plan in January to slash the number of low-margin ...
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