Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...