Author: Thomas Black

UPS Inc. investors will wait longer than usual to hear from CEO Carol Tomé this quarter as the company works to avoid a harmful worker strike.

FedEx Corp. gave a 2024 profit outlook below analyst expectations as a drop in package demand offsets CEO Raj Subramaniam’s $4 billion cost-cutting plan.

UPS Inc.’s unionized workers voted in favor of giving Teamsters leaders the option to call a strike as the two sides continue talks to renew a five-year labor contract.

UPS Inc.’s union workers will hold a vote on whether to grant authorization to Teamsters leaders to call a strike after the current five-year contract lapses.

FedEx Corp. is seeking to cut $4 billion in costs by combining its two main delivery networks, in an ambitious plan by new CEO Raj Subramaniam to increase profit margins.

CSX CEO Joe Hinrichs says he wants to repair broken relations with union workers and customers and attract more businesses to send their freight over rails instead of roads.

FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.

FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.

FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners.

Union Pacific Corp. reported fourth-quarter profit that missed analysts’ estimates as disruptions from winter storms drove up costs.