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 ...
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 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 ...
UPS price target lowered to $82 from $100 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on UPS (UPS) to $82 from $100 and keeps an Underweight rating on the shares. A Q4 beat was ...
UPS targets $1B in savings through Efficiency Reimagined initiatives by 2025
CEO Carol Tomé highlighted that UPS achieved consolidated revenue of $25.3B in Q4 2024, an increase of 1.5% year-over-year, with operating profit rising 11.2% to $3.1B. U.S. domestic operating margin ...