Sandy Springs-based UPS announces 50% in volume of packages carried for Amazon
Sandy Springs-based shipping company United Parcel Service, aka UPS, announced it would be reducing how many packages it carries for its largest customer by 50% through 2026.
UPS is hugely scaling back its Amazon shipping deal
The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon ...
Domestic Margins Advancing, but Amazon Relationship to Glide Down Materially
UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...
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 ...
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...