Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
11d
Axios on MSNUPS stock plunges after announcing cut to Amazon deliveriesUnited Parcel Service will halve its Amazon package volume to bolster its profitability, but the unexpected move sent the ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
noting Amazon's reliance on The UPS Store locations for customer returns. "I don't think it will go all away," Tomé said. "I think we're landing at the right spot with this accelerated glide down." ...
Tomé said that the remaining half of UPS's business with the e-commerce giant included handling some returns for Amazon — something UPS does "very, very well" and is unlikely to go away anytime ...
Amazon is UPS’s biggest customer, but not its most profitable UPS says it will slash its Amazon deal by over 50% to help profitability Amazon will “continue to partner with [UPS]” UPS has ...
UPS's stock suffers record selloff as a ... the news still sent shockwaves through Wall Street. "Amazon is our largest customer, but it's not our most profitable customer," Chief Executive Carol ...
drive higher yields and returns." UPS will cut the volume of Amazon deliveries it transports by more than 50% by the second half of 2026. Dykes noted while the move leads to lower volumes in the ...
UPS, for example, has been delivering packages for Amazon for almost 30 years. But making money from this partnership has grown harder for the $97bn logistics company. UPS’s ability to demand ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results