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 ...
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 shares fell over 15% Thursday after issuing weak revenue guidance and announcing plans to cut Amazon deliveries by more than 50% by late 2026. The shipping giant reported fourth-quarter revenue ...
With United Parcel Service stock moving south, we asses the investment worthiness of the stock at current levels.
A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in Louisville, which is home to UPS' largest sorting hub, Worldport, and its UPS ...
UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...
UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Read more at The Business Times.