UPS stocks plummeted after it slashed business with the world’s largest online retailer.
Its ability to make money has been constrained by the fact that Amazon is both its largest customer and competitor ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
EST Amazon.com (AMZN) expects to continue to be partners with UPS (UPS) ‘for many years’Maximize Your Portfolio with Data Driven ...
We predict UPS stock will continue downward trend in 2025 despite cost-cutting measures, with the potential for sentiment ...
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
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 ...
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...