The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS requested a reduction in volume and we certainly respect their decision," Amazon spokesperson Kelly Nantel said in a statement emailed to sister publication Supply Chain Dive. "We’ll ...
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Best Life on MSNUPS Is Slashing Its Amazon Deliveries By 50%—What That Means for Your PackagesUPS is gearing up for a productive fiscal year in 2025. The parcel service outlined three strategic action steps in a recent ...
United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave more details on the company's earnings call.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp ... health care and supply chain, told investors last spring the company plans to double ...
UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business ... of $4.79 billion, while supply-chain-solutions revenue dropped ...
subscribe to our free daily Supply Chain Dive newsletter. UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle ...
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