UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

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

UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS slashing Amazon volume by 50% in push for profitability appeared first on ...

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...

Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

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

As noted, based on the company's guidance, UPS is a great value. Management's guidance for 2025 calls for revenue of $89 ...

A Louisville man and former UPS vice president has been nominated by President Donald Trump to serve as head of OHSA.