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UPS Inc. is offering a voluntary severance package for 167 pilots amid a slump in air freight volume.

UPS and the Teamsters have reached a tentative five-year collective bargaining agreement that covers more than 340,000 workers, the company and the union announced in separate statements.

UPS on July 11 pushed to Aug. 8 the release date for its second-quarter financial report, a week after its labor contract with the International Brotherhood of Teamsters is set to expire.

The Teamsters union gave UPS Inc. a June 30 ultimatum in labor talks after walking away from discussions June 28, warning a nationwide strike “appears inevitable.”

Like many UPS customers, Jessica Ray relies on deliveries of dog food and just about everything else for her home. Contentious labor negotiations at UPS could disrupt that comfort zone.

Transportation leaders from government and industry are closely watching labor negotiations, including pending contracts with workers from both UPS Inc. and Yellow Corp.

If you opt to return your Amazon purchase at a UPS store, that transaction just might cost you.

High-stakes negotiations could start April 17 between the Teamsters and package delivery giant UPS that could have far-reaching reverberations.

UPS Inc. announced it beat expectations for fourth-quarter adjusted profit, as it prioritized shipments of high-margin packages.

Transportation Secretary Pete Buttigieg hailed UPS Worldport workers in Louisville during a Kentucky stop where he rode with a truck driver and toured facilities.