UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
Carol Tomé, UPS CEO, joins CNBC's 'The Exchange' with Morgan Brennan to discuss the company's most recent earnings, why UPS ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
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 ...
Baird analyst Garrett Holland downgraded UPS stock to Hold from Buy. He cut his price target to $130 a share from $160.
A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.