UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...

UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut ...

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...

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

The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon ...

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

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

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon, ...