The Republican chair of the Senate intelligence committee asked Defense Secretary Pete Hegseth to review the Pentagon’s supply chain after F-35 warplane parts ended up in Chinese government hands after being diverted to Hong Kong on a United Parcel Service Inc. flight.

As US officials investigate how parts of an F-35 stealth aircraft ended up in Beijing’s possession, one possible explanation lies in a United Parcel Service Inc. logistics chain that routinely directs Asia shipments through China.

UPS CEO Carol Tomé sees a positive future for the company ahead in large part to the restructuring of priorities away from Amazon delivery, and upgrades to their digital platforms and infrastructure.

United Parcel Service CEO Carol Tomé stated that the Amazon glide down is now 'behind us.' The shipping company has been delivering fewer low-margin packages for Amazon, which has impacted its performance.

UPS beat Wall Street expectations and raised its full-year guidance in its second-quarter earnings report Tuesday.

United Parcel Service Inc. boosted its sales guidance for the year, suggesting the courier is benefiting from strong pricing as it works to shift volume from low-margin e-commerce shipments to more-profitable packages.

United Parcel Service Inc. tumbled after its outlook for volume and profit margins underwhelmed investors looking for stronger signs of improvement as the courier unwinds its relationship with Amazon.com Inc.

United Parcel Service Inc. has increased its full-year financial outlook, but warned of lower delivery volume due to a pullback in its relationship with Amazon.com Inc. This news has left investors feeling uneasy about the company's performance in the second half of the year.