UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...

Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.

UPS has also been busy cutting costs to address poor financial growth. In January 2024, it laid off 12,000 workers as part of an effort to claw back $1 billion in savings. Amazon told us that the ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...

Investors are fleeing on Thursday following a lackluster earnings report and 2025 forecast. UPS says it’s redoubling its ...

UPS's (UPS) announcement that it will cut back on deliveries for its largest customer, Amazon (AMZN), sent its stock tumbling as much as 15% on Thursday. But the company says it made the change ...

UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.