UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
7 Words Explain Why UPS Is Cutting Amazon Loose
UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
UPS stock price is tumbling after the delivery company said it would cut back service with Amazon
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
UPS Asks Amazon (AMZN) to Cut Its Package Volume by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
Yahoo Finance11d
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
"The agreement with Amazon to reduce volumes by more than 50% in 18 months is a surprise," Evercore ISI analyst Jonathan Chappell said in a note, adding that UPS' dependence on emerging delivery ...
KSL11d
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
The Amazon announcement surprised many on Wall Street. It is the latest move by industry leaders UPS and FedEx to revamp their operating strategies to cope with the industry's dependence on lower ...