United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS is breaking away from Amazon.com. The package-delivery company said it was cutting volumes from its largest customer by half, and warned its revenue would come in about $6 billion lower than Wall ...
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon, ...