Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
The decline in Amazon volume will lead to fewer packages being delivered by UPS, but at more profitable rates. In 2025, UPS expects average daily U.S. volume to drop about 8.5% year over year ...
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 news, along with its earnings report, led to a significant drop ... Amazon has taken steps to handle returns more efficiently, which includes using its own drivers for pickup. Is UPS Stock ...
(Bloomberg) -- United Parcel Service Inc. suffered its biggest one-day share drop ... Amazon.com Inc. by 50% is designed to allow the courier to focus on more profitable clients. Carol Tomé, UPS ...
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 ...
NEW YORK – United Parcel Service (UPS ... share drop after shocking the market by slashing business with the world’s largest online retailer. The move to scale back business with Amazon.com ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Sandy Springs-based logistics company will cut the ...
UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered ...