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UPS stock plunges

Hosted on MSN · 23h

UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares plunged.

Axios on MSN · 20h

UPS stock plunges after announcing cut to Amazon deliveries

United Parcel Service will halve its Amazon package volume to bolster its profitability, but the unexpected move sent the stock tumbling Thursday. Why it matters: UPS gets nearly 12% of its revenue from Amazon deliveries,

UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'

UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.

Amazon, UPS

Hosted on MSN · 18h

UPS Shares Plunge on Plan to Slash Amazon Business By Half

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.

UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.

UPS Stock Falls After Amazon Business Cut

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

21h

UPS to cut its Amazon business by more than 50%. Here’s why.

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

1h

UPS CEO Says Amazon Is 'Our Largest,' But 'Not Our Most Profitable Customer'

UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...

1d

Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%

Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...

1hon MSN

Sandy Springs-based UPS announces 50% in volume of packages carried for Amazon

Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.

1d

UPS to cut Amazon volume by more than 50%

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

21hon MSN

UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

1d

UPS Earnings Top Views But Shipping Giant Dives On Amazon News

The UPS earnings report showed an ongoing recovery in its core delivery business. But a surprise strategic action by Amazon ...

23h

UPS slashing Amazon volume by 50% in push for profitability

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...

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