UPS stock price is tumbling after the delivery company said it would cut back service with Amazon
Investors are fleeing on Thursday following a lackluster earnings report and 2025 forecast. UPS says it’s redoubling its efforts on profitability. On Thursday, United Parcel Service (UPS) predicted ...
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Average container transit time in Q4 climbed from 60 days to 68 days
E2open report says port turmoil is slowing container flows, and Lunar New Year holiday next week could exacerbate the delays.
UPS to halve Amazon deliveries; shipping giant's stock dives
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in Louisville, which is home to UPS' largest sorting hub, Worldport, and its UPS ...
Domestic Margins Advancing, but Amazon Relationship to Glide Down Materially
UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...