The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon ...

United Parcel Service (UPS), a shipping and supply-chain management company, released its fourth-quarter earnings on Jan. 30.

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...

UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Read more at The Business Times.

UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.

UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...

United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...

Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.