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 ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
Amazon’s stock surged 1.3% to close at $237.68 on Friday. It reached as high as $240.29 in intraday trading, which was ...
EST Amazon.com (AMZN) expects to continue to be partners with UPS (UPS) ‘for many years’Maximize Your Portfolio with Data Driven ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS' (UPS 0.12%) recent fourth-quarter earnings report was monumental. It wasn't so much the numbers from the final quarter ...
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...