UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling.A long-held investor concern ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
We predict UPS stock will continue downward trend in 2025 despite cost-cutting measures, with the potential for sentiment ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave more details on the company's earnings call.
Tomé said that the remaining half of UPS's business with the e-commerce giant included handling some returns for Amazon — something UPS does "very, very well" and is unlikely to go away anytime ...