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.
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...
However, other UPS delivery services, such as Ground, Second Day Air and Next Day Air, will continue to be available for ...
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 ...
Shares of UPS (UPS) are down $20.29, or 15%, to $113.49 in pre-market trading after the company gave a full year 2025 consolidated revenue ...