UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent. Chances are, the last time you ordered ...
It wasn't so much the numbers from the final quarter of 2024 as it was management outlining the strategic changes it was ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares plunged.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
President Donald Trump’s nominee to head the country’s workplace safety watchdog, David Keeling, started his career at the United Parcel Service Inc. as a package handler.
Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...
Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock plummeted to the single largest loss in company history. Stock valuation ...
As noted, based on the company's guidance, UPS is a great value. Management's guidance for 2025 calls for revenue of $89 ...