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

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

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

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

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

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

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

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, ...