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 ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
adding that Amazon will remain a long-term partner but will likely be utilized in deliveries that have multiple pickup locations or involve moving shipments across the country. UPS said Thursday ...
UPS is gearing up for a productive fiscal year in 2025. The parcel service outlined three strategic action steps in a recent ...
Stepping into the world of Sephora for a year has been nothing short of a beauty revelation. As someone who has worked with ...
UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did between 2021 and 2024. That will allow the company to focus on fewer but ...
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 ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Amazon is UPS’s biggest customer, but not its most profitable UPS says it will slash its Amazon deal by over 50% to help profitability Amazon will “continue to partner with [UPS]” UPS has ...
“When you inject big price increases in a marketplace, you open the door to innovation and new offerings,” Mr Gooding said, adding that Amazon is likely to benefit from UPS’ dilemm ...
Mario Tama/Getty Images More significantly, UPS announced that it had reached an in-principle agreement with its largest customer, Amazon, to cut transported order volumes "by more than 50 percent ...