FedEx stock fell Tuesday after Amazon.com said it would be working with the logistics provider on last-mile delivery. FedEx shares were up in premarket trading, but gains faded, leaving them down 0.3% ...

(Reuters) -Amazon has hired FedEx to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce ...

FedEx Corp. said that, following about a year of talks, it has a new delivery deal with Amazon.com Inc., which comes some five years after the two companies pared their delivery partnership. The deal ...

Parcel carriers like FedEx and UPS are implementing peak season surcharges to recover costs when there isn’t a spike in ...

United Parcel Service faces margin pressure as weak demand, rising labor costs, and reduced Amazon business weigh on revenues.

NEW YORK — UPS on Tuesday said it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon. A UPS spokesman said the layoffs are due to shedding 50% of ...

Layoffs continue to significantly impact the freight industry as firms in California and Texas announced more than 1,048 layoffs over the past week. Companies announcing worker reductions include UPS, ...

FedEx pilots representing more than 5,000 aviators declared a vote of no confidence in CEO Rajesh Subramaniam, citing a shift ...