UPS stocks plummeted after it slashed business with the world’s largest online retailer.

Sandy Springs-based shipping company United Parcel Service, aka UPS, announced it would be reducing how many packages it carries for its largest customer by 50% through 2026.

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) 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.

United Parcel Services (UPS), one of the 20 logistic carrier partners that Amazon uses to fulfil deliveries in Australia, saw ...

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 ...

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 ...