UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.
Sonya Brown says two new iPhones were wrongly delivered to her home. She believes scammers are targeting her identity. The ...
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...
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. Most Read from BloombergManhattan’s Morning ...
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.