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 ...

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 ...

UBS lowered the firm’s price target on UPS (UPS) to $141 from $170 and keeps a Buy rating on the shares. UPS’s actions to reduce their volume ...