UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut ...
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.
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
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 Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...