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UPS reducing Amazon delivery volume

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 that it isn't its most profitable customer.

Reuters on MSN · 1d

UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com, a surprise move that sent shares tumbling as much as 18%.

Supply Chain · 1d

UPS to Scale Back Amazon Delivery Volumes

Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.

UPS Stock Falls

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.

Hosted on MSN · 3h

UPS stock price is tumbling after the delivery company said it would cut back service with Amazon

Investors are fleeing on Thursday following a lackluster earnings report and 2025 forecast. UPS says it’s redoubling its efforts on profitability. On Thursday, United Parcel Service (UPS) predicted downbeat 2025 revenue as it cut back service with its largest customer,

MarketWatch · 1d

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 agreement that would cut its business with Amazon.com Inc., its largest customer,

1don 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 ...

12h

‘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 ...

6hon MSN

Sandy Springs-based UPS announces 50% in volume of packages carried for Amazon

Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.

FOX 10 Phoenix11d

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 ...

9don MSN

UPS is tipped by Evercore ISI to rally after its earnings report

Evercore ISI added United Parcel Service ( NYSE: UPS) to its Tactical Outperform list ahead of the parcel delivery giant's ...

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