UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

“Amazon is our largest customer, but it’s not our most profitable customer,” Carol B. Tomé, the chief executive officer, said on a conference call that day to discuss its earnings. Although Amazon ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...

As noted, based on the company's guidance, UPS is a great value. Management's guidance for 2025 calls for revenue of $89 ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

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

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...

FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...

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 ...