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

The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon ...

The e-commerce giant backed out of a two-year contract after an 11-month period where spot freight rates plummeted nearly 80 ...

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

CEO Carol Tomé said in an earnings call that while Amazon is the shipping giant's biggest customer, it is not the most profitable. The companies' contract was expiring, and UPS l ...

United Parcel Services (UPS), one of the 20 logistic carrier partners that Amazon uses to fulfil deliveries in Australia, saw ...

UPS is continuing to withdraw from its business relationship with Amazon, which is "not our most profitable customer." ...

The e-commerce giant has extended its reach into smaller markets and rural areas, a move that has significant economic implications for rural carriers and raises serious questions about the future of ...

We’ll continue to partner with them and many other carriers to serve our customers.” It’s not the first time Amazon has lost delivery slots with a third-party firm – in 2019, FedEx ended ...