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

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

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 ...

UPS has announced plans to reduce its shipping volumes for Amazon by “more than 50%” under a revised agreement with the ...

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

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...

Amazon’s expansion intensifies the challenges faced by rural carriers, who are already struggling ... Postmaster General decided to raise these shipping rates. I think this is the reasoning ...

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

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 ...

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...

Discover how USPS privatization could reshape mail delivery, from rising costs and slower service to Amazon's evolving role in rural logistics.