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

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

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

UPS stocks plummeted after it slashed business with the world’s largest online retailer.

Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

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

United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...

UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...