UPS is phasing out its MD-11 fleet and plans to cut an additional 30,000 jobs.
by Web Administrator
Jan 29, 2026 02:30
United Parcel Service (UPS) reported fourth-quarter revenues of $24.5 billion for 2025, with an operating profit of $2.6 billion and diluted earnings per share of $2.10. The company is reducing its reliance on Amazon by cutting its volume by 1 million packages daily in 2025, with plans for another reduction in 2026, leading to the retirement of its MD-11 fleet and potential elimination of 30,000 jobs. UPS achieved full-year revenues of $88.7 billion and plans for 2026 include projected revenue of $89.7 billion and capital expenditures of $3 billion.