The Globe and Mail reports in its Wednesday edition that United Parcel Service will eliminate up to 30,000 jobs and shut another 24 facilities in 2026, the world's largest package delivery company said on Tuesday, as it reduces deliveries for Amazon. A Reuters dispatch to The Globe says that shares of the company, which also announced fourth-quarter results that topped Wall Street estimates and forecast a surprise rise in annual revenue, rose 4 per cent in New York. Shares of FedEx gained 2.6 per cent. "We're in the final six months of our Amazon accelerated glide-down plan and for the full year 2026, we intend to glide down another million pieces per day while continuing to reconfigure our network," chief executive officer Carol Tome said on a conference call with analysts. UPS in January last year said it would accelerate a plan to slash millions of low-profit deliveries for the on-line retailer, its largest customer and a growing delivery rival, calling the business "extraordinarily dilutive" to margins. UPS and rivals like FedEx have been battling stubbornly soft demand for delivery services. In 2025, UPS eliminated 48,000 jobs, launched driver buyouts and closed operations at 93 buildings as Amazon volume shrank.