We consider FedEx's balance sheet to be healthy and manageable. Total debt approached $20.6 billion as of fiscal year-end 2025 (ended in May), similar to levels posted over the past three years. FedEx ...

Today, full-time drivers make $170,000 a year. Good for them—for those who still have jobs. But paying for the new Teamster contract meant UPS wasn't as competitive as before. It raised some prices ...

But Palagashvili says, "It wasn't trade that killed the Rust Belt. It was labor unions. Unions in the Rust Belt were striking ...

While chairman Jeff Bezos enjoys his honeymoon, Amazon workers are in line for record injuries and hospitalizations over the ...

"For the first time ever, in recognition of these unique circumstances, we are looking to offer our full-time U.S. drivers ...

UPS did not disclose the amount of the buyout but confirmed employees would receive earned retirement benefits, pensions, and ...

Union leaders on Saturday are criticizing United Parcel Service (UPS) for offering buyouts to full-time drivers.

UPS is in the midst of a $3.5 billion cost-reduction effort and is offering union drivers a financial package to leave ...

Explore UPS layoffs, impacting 20,000 workers. Examining worker loyalty, labor negotiations, and economic issues. What does ...

On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...

One of the largest private mail and parcel carriers in the United States is slashing 20,000 jobs and offering voluntary ...

In a similar move made under the Trump administration, when Elon Musk and DOGE offered thousands of federal workers a paltry buyout to voluntarily leave their jobs, or soon be fired, UPS is now ...