UPS to cut its Amazon business by more than 50%. Here's why.
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
FedEx to Change Fiscal Year-End to Dec. 31
FedEx is changing its fiscal year so it ends on Dec. 31, rather than on May 31. The delivery company's board earlier this week approved the change, which will go into effect on June 1, 2026, according ...