UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.

UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...