UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS Q4 Earnings: Major Customer Volume Cut Raises Jitters, Stock Tanks
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...
The Natchez Democrat9h
UPS Natchez hub closing counter service; customers can use alternative authorized shipper
The UPS hub in Natchez no longer provides counter service to customers seeking to send packages. “The hub will still be open ...
UPS downgraded to Neutral from Outperform at Baird
Baird downgraded UPS (UPS) to Neutral from Outperform with a price target of $130, down from $160. The announcement that the company’s Amazon ...
Earnings call transcript: UPS Q4 2024 beats EPS forecast, stock dips
United Parcel Service Inc. (NYSE:UPS) reported its fourth-quarter 2024 earnings, surpassing analysts' expectations with an earnings per share (EPS) of $2.75 compared to the forecasted $2.52. Despite ...
Firefighters monitor Northern California lithium battery plant for storm-related flare-ups
Monterey County firefighters on Friday said they were monitoring Vistra Energy's fire-damaged lithium-ion battery facility ...
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...