Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock ...

UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...

Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call.

UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will ...

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 change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon is not the delivery company’s most profitable customer, despite being ...

According to Amazon, it offered to increase UPS' volumes as the e-commerce giant’s delivery needs continued to grow. “Due to their operational needs, UPS requested a reduction in volume and we ...

Today's bear gap has UPS falling to more than four-year lows and its largest single-day percentage drop in history. The ...

Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.

The shipping giant said it would cut its business with its largest customer in half by June 2026. UPS's chief financial officer, Brian Dykes, said on the call that Amazon shipments made up about ...