United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
United Parcel Service (NYSE:UPS), a global leader in package delivery and supply chain solutions, finds itself at a critical ...
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.
"The agreement with Amazon to reduce volumes by more than 50% in 18 months is a surprise," Evercore ISI analyst Jonathan Chappell said in a note, adding that UPS' dependence on emerging delivery ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...