UPS Shifts Strategy With Amazon Exit, SMB Push Amid Cost Cuts
United Parcel Service (UPS) entered 2025 navigating the currents of a rapidly evolving logistics landscape.“We are focusing on controlling what we can control and executing our strategy to improve long-term profitability,” UPS CFO Brian Dykes told investors on Tuesday’s (April 29) first-quarter 2025 earnings call.“The macro environment may be uncertain, but with our actions, we will emerge as an even stronger, more nimble UPS,” CEO Carol Tomé added.The company plans to shutter 164 operations and close 73 bu ...