Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
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 Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...