UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS has reached an agreement with Amazon to slash its delivery volumes with the e-commerce giant by more than 50% by the latter half of 2026. While Amazon accounted for 20-25% of its UPS's U.S.
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 will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday.
UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...
UPS said Thursday that it would cut its business with Amazon in half by mid-2026. CEO Carol Tomé said Amazon's business with UPS, while big, was becoming less profitable. Amazon has been building ...
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 ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave more details on the company's earnings call.
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