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UPS Is Slashing Its Amazon Deliveries By 50%—What That Means for Your Packages
UPS is gearing up for a productive fiscal year in 2025. The parcel service outlined three strategic action steps in a recent ...
7 Words Explain Why UPS Is Cutting Amazon Loose
UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS Is Shedding Dead Weight, But It Might Not Be Enough
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
Yahoo Finance11d
UPS to cut Amazon volume by more than 50%
Even with previous volume reduction efforts, Amazon still makes up a large portion of UPS' business. Executives said about 20% to 25% of volume in UPS' U.S. network is tied to Amazon, and the ...
AOL11d
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS's chief financial officer, Brian Dykes, said on the call that Amazon shipments made up about 20% of UPS's volume in the US. The company had reported fourth-quarter results before the stock ...