A combination of service risks and price concerns led UPS to break away from the U.S. Postal Service for SurePost deliveries, UPS CEO Carol Tomé said on an earnings call Thursday. UPS was worried ...

The company is bringing in-house its SurePost partnership with the Postal Service, which should help drive profitability, and it is reconfiguring its U.S. network. UPS also said it has reached an ...

The company will restructure operations, cut labor hours, and in-source SurePost deliveries for smaller orders. The United States Postal Service (USPS) ended its partnership with UPS SurePost.

UPS (UPS) also said it has insourced 100% of its UPS SurePost product, and in connection with those efforts, is reconfiguring its U.S. network, and launching multi-year "efficiency reimagined ...

The company announces the following set of strategic actions: first, it has reached an agreement in principle with its largest customer to ...

JPMorgan analyst Brian Ossenbeck expects UPS (UPS) shares to “materially underperform” as the market digests the strategic and financial ...

Another major recent change for UPS was an end to its relationship with the U.S. Postal Service for the final mile of its economy “SurePost” product. Tomé said that happened after the Postal ...