UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
Louisville's biggest employer, UPS, might have a few more packages after the United States Postal Service contract to deliver UPS SurePost parcels ended. The International Brotherhood of ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
Under the change, UPS Sure Post packages are now only being delivered by UPS drivers, a spokesperson for the International ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...