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UPS, Amazon
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer.
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.
UPS Shares Slide on Plans to Slash Volume of Business With Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.
1d
on MSN
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 ...
1d
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
3h
‘Control of Our Destiny’: UPS Braves Blowback Over Amazon Break
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
20h
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 ...
1d
on MSN
‘They’re going to miss him.’ Popular UPS driver retires after 38 years
New Jersey residents share heartwarming stories of Anthony Romano's kindness and the special place he held in their community ...
FOX 10 Phoenix
11d
USPS, UPS SurePost delivery contract ends. Here’s what it means for packages
However, other
UPS
delivery
services, such as Ground, Second Day Air and Next Day Air, will continue to be available for ...
5h
Hold Rating on UPS Amid Strategic Shifts and Market Uncertainties
In a report released yesterday, Brian Ossenbeck from J.P. Morgan maintained a Hold rating on United Parcel (UPS – Research Report), with a ...
23h
on MSN
UPS Smashes EPS, Misses Revenue Target
United Parcel Service beat earnings expectations with a significant EPS gain, though revenue slightly missed estimates.
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