UPS will cut the volume of Amazon deliveries it transports by more ... frustrating several years for investors," Moore wrote. UPS truck is seen in Miami, United States on May 2, 2024.

UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did between 2021 and 2024. That will allow the company to focus on fewer but ...

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer. “Its margin is very dilutive to the U.S. domestic ...