UPS trades at a multi-year low even though it expects margins and EPS to increase this year
United Parcel Service (NYSE:UPS) fell sharply in morning trading on Thursday after the delivery giant said it reached a deal with Amazon (AMZN) to lower its volume by more than 50% by the second half ...
UPS Shares Plunge on Plan to Slash Amazon Business By Half
Amazon.com Inc. UPS’ core parcel operations have endured a prolonged demand trough as package volumes have fallen from pandemic-era peaks. Some customers also have traded down from premium to economy ...