The customer in question? Amazon. The new agreement will open the door for more profitable opportunities for UPS, leaving Amazon to either pick up the slack or seek help elsewhere. RELATED ...

If you like the sight of those brown UPS trucks pulling up to your door, you'll see fewer in the future now that UPS has ...

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.

Track all markets on TradingView Investors have long wondered about the potential impact on UPS' business as Amazon.com (AMZN) assumed responsibility for an increasing share of its own delivery ...