Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
Letter carriers, in hundreds of social media posts, have voiced their frustrations about the deal, and organized coworkers to vote against it.
The commission says initial USPS efforts suggest it won’t be able to achieve projected cost savings or operational efficiencies as its projects scale up.
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
United Parcel Service is a Buy with significant competitive advantages, strong dividend yield, and undervaluation ...
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well short of expectations, in part because of a high-profile break with partner ...
I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now my pleasure to turn the floor over to your host, Mr. PJ Guido, investor ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
The company said it had reached an agreement in principle with its top customer to lower volume by more than 50% by the second half of 2026. In its 2023 annual report, UPS said Amazon and its ...
UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did ...