While the carrier's relationship with Amazon isn't over, UPS aims to grow in more lucrative parts of the parcel market as it slims down its network, executives said.

Add Yahoo as a preferred source to see more of our stories on Google. United Parcel Service drivers in San Antonio and across Texas are being offered a $150,000 severance package as the company cuts ...

Under strong pressure from the Teamsters union, UPS has agreed to limit how many drivers it eliminates through an early-retirement program The post UPS to cap driver buyouts at 7,500 after Teamster ...

UPS and the Teamsters have settled their differences over the implementation of a driver buyout program, with both parties agreeing to cap the voluntary plan to 7,500 drivers nationwide. In late March ...

Texas-based drivers for UPS are now eligible to receive $150,000 buyout packages as the Georgia-headquartered company moves to eliminate up to 30,000 operational jobs and shutter 24 facilities across ...

The Teamsters are suing UPS over the logistics giant’s planned rollout of another voluntary buyout program for full-time drivers, alleging that the decision constitutes a violation of the national ...

UPS continues to shed low-margin Amazon delivery volume Plans to reduce 30,000 jobs in 2026 through attrition and driver buyouts Forecasts 2026 revenue above Wall Street target Takes $137 mln charge ...