UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
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 ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
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