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UPS braves blowback over Amazon break

‘Control of our destiny’: UPS braves blowback over Amazon break

UPS stocks plummeted after it slashed business with the world’s largest online retailer.

Hosted on MSN · 1d

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.

Bloomberg L.P. · 14h

UPS Breaks With Amazon to Take ‘Control of Own Destiny’

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer.

UPS, Amazon

Hosted on MSN · 1d

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 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 customer.

MarketWatch · 1d

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 agreement that would cut its business with Amazon.com Inc., its largest customer,

7h

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 ...

4hon 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.

1don MSN

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

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...

1don 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 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 ...

1d

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 ...

1d

UPS announces major cutback in Amazon relationship

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...

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