One of the key things to remember about UPS is that it is a logistics giant. The company's brown-clad employees and trucks ...

Local florists are prepared for a flower-full Valentine’s Day this week. What they can’t prepare for is the impact of tariffs on imported cut flowers. Cindy Davis, owner of Hahn’s Pallister House ...

UPS materially boosted its total dividend payment by almost 50% in 2022 (to more than $5 billion annually). While we think the increase was somewhat ambitious, outside of major economic disruption, ...

Elon Musk’s attempts to buy OpenAI is the latest in a flood of potentially market-shaking events, which make the fortunes of ...

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 ...

UPS stock plunged a record 14.1 percent to close at $114.90 after it announced plans to reduce its business with Amazon by 50 percent by 2026. "We've been partnered to Amazon for nearly 30 years ...

UPS stocks plummeted after it slashed business with the world’s largest online retailer. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site ...

UPS CEO confirms on the earnings call that the “accelerated glide down” of Amazon volumes was initiated by UPS. “This was not their ask. This was us. This was UPS taking control of our ...

A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number of Amazon (AMZN) packages sent through its service. Earlier this week ...

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t ...

UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday.