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 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 recently disclosed that Amazon will be ramping down the package ... and normalizing global forwarding and truck brokerage revenue. Excluding the Coyote (truck brokerage division) divestiture ...

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 ...