United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com, a surprise move that sent shares ...

The Amazon announcement surprised many on Wall Street. It is the latest move by industry leaders UPS and FedEx to revamp their operating strategies to cope with the industry's dependence on lower ...

"The agreement with Amazon to reduce volumes by more than 50% in 18 months is a surprise," Evercore ISI analyst Jonathan Chappell said in a note, adding that UPS' dependence on emerging delivery ...

“The agreement with Amazon to reduce volumes by more than 50% in 18 months is a surprise,” Evercore ISI analyst Jonathan Chappell said in a note, adding that UPS’ dependence on emerging ...