UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
NEW YORK – United Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. The move to scale back ...
UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. The move to scale back business with Amazon ...
U.S. Steel mines iron ore in Minnesota and sends it across Lake Superior on freighters a thousand feet long. At Sault Ste.
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
Delivery services such as Amazon and UPS temporarily pauses services earlier this week due to the winter weather. On Wednesday, Amazon, FedEx, UPS and USPS confirmed to the Houston Chronicle in ...
People awaiting packages Tuesday in the Houston area may have to keep waiting, after Amazon, UPS and FedEx reported service disruptions due to winter weather. "Our sites in the area are ...
Amazon is UPS’s biggest customer ... time Amazon has lost delivery slots with a third-party firm – in 2019, FedEx ended its contract with the retail giant. Amazon has also been busy building ...
UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call.
UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...
Then later paused the Mexico tariffs. Loop Capital cut its ratings on FedEx and UPS in response, warning of higher prices and reduced transportation volumes. President Trump's tariff actions ...