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United Parcel Service Inc

How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx

Less than a year ago, executives from FedEx and UPS were talking about how they were handling a flood of packages from China to American…

UPS Says It Will Cut 20,000 Jobs in Efficiency Drive

UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come…

Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole

A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and…