United Parcel Service (UPS) plans to cut 12,000 jobs and explore strategic options for its truckload freight brokerage business, Coyote, following a disappointing year. UPS aims to reduce costs by $1 billion. The company s shares fell 6.3% after it forecasted full-year revenue below estimates. Despite expecting weak business conditions until the second half of 2024, UPS said it has been winning back business from rivals, with 60% of lost business returning. The company also faces challenges from declining daily volume, labor costs, and a shift to ground-based delivery. UPS reported a decline in revenue from its air-based international segment and adjusted profit for the fourth quarter.
PENDLETON — A new partnership between the Oregon Department of Transportation and the Confederated Tribes of the Umatilla Indian Reservation could be on the horizon as the two parties negotiate
PENDLETON — A new partnership between the Oregon Department of Transportation and the Confederated Tribes of the Umatilla Indian Reservation could be on the horizon as the two parties negotiate
Venky Venkatachalam Appointed as Dean to Lead College of Management at UMass Boston indianewengland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianewengland.com Daily Mail and Mail on Sunday newspapers.