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 ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year ...
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 said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
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