United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS is breaking away from Amazon.com. The package-delivery company said it was cutting volumes from its largest customer by half, and warned its revenue would come in about $6 billion lower than Wall ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...