UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
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.
Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...
As noted, based on the company's guidance, UPS is a great value. Management's guidance for 2025 calls for revenue of $89 ...