UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
UPS' (UPS 0.12%) recent fourth-quarter earnings report was monumental. It wasn't so much the numbers from the final quarter ...
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
UPS Healthcare has opened three new cross-docking facilities in Milan, Frankfurt and Mexico City to support pharma shipments ...
United Parcel Service (UPS) stock dove today after the delivery company released a mixed earnings report for Q4 2024. First ...
Its ability to make money has been constrained by the fact that Amazon is both its largest customer and competitor ...