Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
UPS stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS plans 50 percent cut in Amazon volume, while Hapag-Lloyd sees Q4 earnings gains, but geopolitics could mean challenges ...
United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...
Quarterly consolidated revenue, at $25.3 billion, rose 1.5% year-over-year, while adjusted earnings per share, at $2.75, increased 11.3% annually. Consolidated quarterly operating profit, at $2.9 ...
UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026. Here's what you need to know.