UPS is also insourcing deliveries through SurePost, its home-delivery service for smaller packages. UPS used to drop packages with the U.S. Postal Service for last-mile delivery, but it ended 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. Shares plunged.
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com - a move that will shed some of its least-profitable business and help ...
UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic decisions. See why UPS is a Hold now.
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
Magento is one of the most powerful and widely used e-commerce platforms, providing businesses with numerous tools and ...
The United States Postal Service (USPS) and UPS SurePost have terminated their contract, which will impact package delivery ...
The end of the UPS SurePost partnership with USPS, Find out how this shift will affect your packages and what options are ...