UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
The decline in Amazon volume will lead to fewer packages being delivered by UPS, but at more profitable rates. In 2025, UPS expects average daily U.S. volume to drop about 8.5% year over year ...
(Bloomberg) -- United Parcel Service Inc. suffered its biggest one-day share drop ... Amazon.com Inc. by 50% is designed to allow the courier to focus on more profitable clients. Carol Tomé, UPS ...
Amazon is UPS’s biggest customer, but not its most profitable UPS says it will slash its Amazon deal by over 50% to help profitability Amazon will “continue to partner with [UPS]” UPS has ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered ...