UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will ...
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS is continuing to withdraw from its business relationship with Amazon, which is "not our most profitable customer." ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
Shares of Amazon.com and PDD Holdings, the owner of popular Chinese shopping app Temu, fell on Wednesday after the U.S. Postal Service said it would stop accepting parcels from China and Hong Kong.
Ground shipping costs are projected to drop slightly year over year in Q1, according to the TD Cowen/AFS Freight Index.
ChrisDowa has issued a recall for 19,500 roller window shades because they violate federal regulations for window coverings and pose a strangulation and en ...
Investing.com -- FedEx (NYSE: FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE: UPS) released a revenue forecast that fell short of market expectations, signaling weaker ...
After facing iced-over roads and snow, Houston-area package delivery companies are set to resume regular hours for the rest of the week.
Consumers and small businesses are already feeling the impact of President Donald Trump’s new tariffs, which eliminated a key ...
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