Package delivery service company UPS has reached an agreement in principle with Amazon to cut the volume of packages it delivers for the online retailer ...

The shipping giant said it would cut its business with its largest customer in half by June 2026. UPS's chief financial officer, Brian Dykes, said on the call that Amazon shipments made up about ...

These two well-established names immediately come to mind when discussing parcel delivery ... earnings release. UPS expects to lower its volumes with its largest customer, Amazon.com AMZN, by ...

Amazon’s sales volume and its dependence on UPS have grown so great that packages from the e-commerce giant account for as much as one-third of the delivery company’s residential loads ...