The Port of Los Angeles' executive director sees a precipitous drop in cargo volume from Asia as US firms cut back amid Trump ...

The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said ...

UPS will eliminate about 20,000 jobs throughout 2025 as part of a major cost-cutting plan fueled by a decline in Amazon ...

Shipments from China to the West Coast are poised to plunge by as much as 35% as President Donald Trump’s newly imposed ...

Large importers, including retailers and manufacturers, paused imports from China this month amid an escalating trade war.

Companies like Alibaba that built China’s world-leading online shopping sector are now helping its sellers find markets ...

Global courier UPS is cutting 20,000 jobs and automating hundreds of facilities as it tries to boost profitability in the ...

The port’s executive director is expecting “a precipitous drop in volume” as American retailers hit the brakes on imports.

United Parcel Service on Tuesday said it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in ...

The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to ...

As UPS reconfigured its network in connection with the Amazon volume losses, UPS said it would reduce its workforce by about 4%, or by about 20,000 employees. The company said it will also close 73 ...

U.S. retailers would typically be ramping up orders now for back-to-school shopping season and the holidays, NBC said. The ...