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

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...

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

Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling.A long-held investor concern ...

UPS said it reached an agreement in principle with Amazon to lower its volume by more ... it will likely result in diminishing returns," she said. She said that there are a lot of assets and ...

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.

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

"Because if we take no action, it will likely result in diminishing returns," Tomé said. UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer ...

drive higher yields and returns." UPS will cut the volume of Amazon deliveries it transports by more than 50% by the second half of 2026. Dykes noted while the move leads to lower volumes in the ...

Tomé said that the remaining half of UPS's business with the e-commerce giant included handling some returns for Amazon — something UPS does "very, very well" and is unlikely to go away anytime ...

CEO Carol Tomé said in an earnings call that while Amazon is the shipping giant's biggest customer, it is not the most profitable. The companies' contract was expiring, and UPS l ...