The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS requested a reduction in volume and we certainly respect their decision," Amazon spokesperson Kelly Nantel said in a statement emailed to sister publication Supply Chain Dive. "We’ll ...
UPS is gearing up for a productive fiscal year in 2025. The parcel service outlined three strategic action steps in a recent ...
UPS said Thursday that it would cut its business with Amazon in half by mid-2026. CEO Carol Tomé said Amazon's business with UPS, while big, was becoming less profitable. Amazon has been building ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave more details on the company's earnings call.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp ... health care and supply chain, told investors last spring the company plans to double ...
UPS has reached an agreement with Amazon to slash its delivery volumes with the e-commerce giant by more than 50% by the latter half of 2026. While Amazon accounted for 20-25% of its UPS's U.S.
subscribe to our free daily Supply Chain Dive newsletter. UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle ...