United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...

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 announced it would decrease shipping volume from Amazon, its biggest customer, by more than 50%. UPS shares plummeted Thursday after the Atlanta-based shipping giant announced it would ...

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 ...

UPS recently disclosed that Amazon will be ramping down the package volumes it sends via UPS by more than 50% over the next 18 months. It sounds like the Amazon decision was mostly precipitated by ...

UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...

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 reached by the two companies, UPS announced Thursday.

The financial analyst downgrade of UPS results from predicted revenue drops which will exceed 6% below market consensus during 2025 because of its struggles in a post-Amazon delivery market.

“When you inject big price increases in a marketplace, you open the door to innovation and new offerings,” Mr Gooding said, adding that Amazon is likely to benefit from UPS’ dilemm ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi ...

UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. The move to scale back business with Amazon ...