According to a Morgan Stanley transportation analysis, which was cited in a 2022 report from shipping data firm FreightWaves, Amazon accounted for 11% of UPS' annual revenue prior to 2022.

Amazon delivered more than 5 billion packages in the U.S. in 2021, while UPS delivered about 5.5 billion U.S. packages, according to company figures and industry estimates.

UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call. "This ...

Meanwhile, Amazon’s stock fell 1%, and shares of UPS rival FedEx Corp. declined 2.1%. UPS said it reached an agreement in principle with Amazon to lower its volume by more than 50% by the second ...

UPS said it's cutting its Amazon deliveries by by 50%. Here's how you can speed it up a little.

UPS said it expects to bring in $89 billion in 2025 — below the average of analysts’ revenue estimate of $95 billion, and below 2024’s revenue of about $91 billion.. In a call Thursday, CEO ...

Amazon is attempting new measures to get customers to return fewer of their online orders, including charging a fee to return items to UPS stores. For decades, Amazon built its business by ...

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles.

Amazon has started charging a fee for some returns made at UPS stores.. Customers living near a free drop-off location who decide to return their package through UPS may have to pay a $1 fee, an ...

Both UPS and FedEx have been eclipsed as the largest courier companies in the US by Amazon, which delivered more packages to US homes in recent years than both delivery giants.

An Amazon lawyer warned employees about sharing confidential company information with ChatGPT. Amazon employees want to use it for work because it improves productivity. OpenAI, the maker of ...

Amazon already processes 78% of its orders in the US, with most of the rest handled by USPS and UPS, according to ShipMatrix. Amazon's share of parcel volume in the US grew from 13% in 2018 to 21% ...