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.
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
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 ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.