United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in Louisville, which is home to UPS' largest sorting hub, Worldport, and its UPS ...
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
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 CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
UPS stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
United Parcel Service (UPS, Financials) reported fourth-quarter earnings that exceeded analyst expectations, driven by ...
Stifel analysts adjusted their outlook on UPS (NYSE:UPS) by reducing the price target to $145, down from the previous $153, while continuing to endorse the stock with a Buy rating. The revision ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...