UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Read more at The Business Times.

UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.

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 ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

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

What they do & how much they get paid In corporate headlines, UPS is at the point of its relationship with Amazon, where it’s ...

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 ...

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

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

United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...