UPS is gearing up for a productive fiscal year in 2025. The parcel service outlined three strategic action steps in a recent earnings report, one of which includes lowering its volume with its ...
As of 2025, the company delivers about two-thirds of its own packages in the U.S. In 2023, the USPS delivered only 9% of Amazon's packages and UPS handled approximately 8%. Though Amazon can ...
USPS and UPS failed to agree on terms for an extension. UPS said in its January 30 announcement of 2024 financial results that it had agreed with its biggest customer to more than halve the volume of ...
UPS recently disclosed that Amazon will be ramping down the package ... UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract ...
More directly, Tom Wadewitz, an analyst, said their largest customer is Amazon, the online retailer ... according to UPS leaders, as a result of USPS changing its operating model.
UPS (UPS) stock is plunging Thursday after ... the remainder of its SurePost last mile volumes from the US Postal Service, continued Amazon revenue glide down, and its high-cost Teamster labor ...