UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent. Chances are, the last time you ordered ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares plunged.
It wasn't so much the numbers from the final quarter of 2024 as it was management outlining the strategic changes it was ...
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
One of the key things to remember about UPS is that it is a logistics giant. The company's brown-clad employees and trucks ...
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a significant reduction in its business with Amazon (AMZN), its largest customer.
Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...