UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...

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

Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...

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

UPS said it reached an agreement in principle with Amazon to lower its volume ... "We'll continue to partner with them and many other carriers to serve our customers." UPS's move addresses two ...

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

Amazon told us that the company had previously offered to increase UPS' volumes, and that it has a strong working relationship with the delivery partner. UPS declined to offer any further comments ...

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

Amazon confirmed that UPS requested the reduction in volume. "We certainly respect their decision. We'll continue to partner with them and many other carriers to serve our customers," Amazon said ...

UPS plans to shrink profit-denting Amazon volumes more than 50 ... We'll continue to partner with them and many other carriers to serve our customers," Amazon said in a statement.