UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...