Amazon plans a 3.5% surcharge on sellers using its fulfillment services as rising oil prices drive up shipping costs across the U.S. economy.

Business leaders praised Trump's nomination of Kevin Warsh as Federal Reserve chairman, citing his extensive experience and proven crisis management expertise.

UPS officially retires entire MD-11 cargo fleet following deadly Louisville crash that killed 14 people, replacing aircraft with modern Boeing 767s.

UPS aims to cut up to 30,000 operational jobs by 2026 as part of major transformation strategy to optimize network operations and boost productivity.

UPS and FedEx grounded their MD-11 fleets "out of an abundance of caution and in the interest of safety" after a plane crash in Louisville, Kentucky, that killed 14 people.

The shipping giant UPS warns customers that parcels stuck at customs hubs may be disposed of when necessary clearance information cannot be obtained.

UPS announced it's cutting 20,000 jobs and shuttering 73 of its facilities as it cuts costs as part of a reduction in Amazon shipments, while also facing economic uncertainty.

UPS, FedEx and other home delivery providers have been slashing costs since the end of home-bound consumers' early pandemic e-commerce binge in late 2021.

UPS is using new technology to help distribute and sort packages faster for the holiday season. This is on top of the 100,000 workers hired for the holidays.

Amazon.com has taken over the largest delivery business in the U.S., surpassing both UPS and FedEx in parcel volumes, postal service remains biggest delivery service.