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 ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
Amazon’s stock chart suggests a “multi-year breakout” has resumed, and the loss of some UPS deliveries won’t stop it.
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 ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.