UPS announced it would decrease shipping volume from Amazon, its biggest customer, by more than 50%. UPS shares plummeted Thursday after the Atlanta-based shipping giant announced it would ...

Track all markets on TradingView Investors have long wondered about the potential impact on UPS' business as Amazon.com (AMZN) assumed responsibility for an increasing share of its own delivery ...

Speaking to the needs of UPS and its overall customer base, Tomé said their multi-decade partnership with Amazon was good but that financially, it wasn’t the most profitable pairing.

UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies' ...