UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent. Chances are, the last time you ordered ...

United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...

UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call. "This was ...

It wasn't so much the numbers from the final quarter of 2024 as it was management outlining the strategic changes it was ...

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an agreement that would cut its business with Amazon.com Inc., its largest ...

Since 2017, customers who wish to return products purchased via Amazon have been able to simply bring their goods to their ...

Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...

“Amazon is our largest customer, but it’s not our most profitable customer,” Carol B. Tomé, the chief executive officer, said on a conference call that day to discuss its earnings. Although Amazon ...

Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling. UPS reported on Thursday that ...

It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the ...

One of the key things to remember about UPS is that it is a logistics giant. The company's brown-clad employees and trucks ...