UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
We predict UPS stock will continue downward trend in 2025 despite cost-cutting measures, with the potential for sentiment ...
Consumers and small businesses are already feeling the impact of President Donald Trump’s new tariffs, which eliminated a key ...
It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the ...
UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit ... Shares plunged by as much as 18%. The shipping giant said it would cut its business with its ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house ...
The U.S. Postal Service is reversing course a day after placing a ban on all inbound packages from China and Hong Kong.