The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
EST Amazon.com (AMZN) expects to continue to be partners with UPS (UPS) ‘for many years’Maximize Your Portfolio with Data Driven ...
We predict UPS stock will continue downward trend in 2025 despite cost-cutting measures, with the potential for sentiment ...
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
UPS' (NYSE: UPS) recent fourth-quarter earnings report was monumental. It wasn't so much the numbers from the final quarter ...
It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave more details on the company's earnings call.