UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
WALLA WALLA, Wash. – Two Walla Walla residents face charges in connection with the discovery of meth at a UPS shipping facility.
Suspected members of a South Florida crime syndicate are behind bars in Middle Tennessee after being accused of stealing more ...
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 has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...