Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

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.

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

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning ... strategy that will pay off in the years ahead.

The decline in Amazon volume will lead to fewer packages being delivered by UPS, but at more profitable rates. In 2025, UPS expects average daily U.S. volume to drop ... on The UPS Store locations ...

UPS has also been busy cutting costs to address poor financial growth. In January 2024, it laid off 12,000 workers as part of an effort to claw back $1 billion in savings. Amazon told us that the ...

I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now ...

The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...