Presidents' Day weekend is here, and there are countless deals to look at. And, honest to Abe Lincoln, we're scanning every ...
If you run an online business or side hustle that involves shipping packages, you know that shipping can be very irritating ...
United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...
UPS stock looks attractive after a selloff as the package-delivery leader works to cut costs and boost profits. Investors reap a 4.4% dividend yield while waiting for the rebound.
“Amazon is our largest customer, but it’s not our most profitable customer,” Carol B. Tomé, the chief executive officer, said on a conference call that day to discuss its earnings. Although Amazon ...
The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been transforming itself into a logistics beast. Running its own network of planes, ...
If there was any worry about Amazon.com Inc.’s ability to deliver its goods, after United Parcel Service Inc. said it was slashing the deliveries it makes for the e-commerce giant by more than ...
But Nvidia isn't the only company benefiting right now from the AI boom. Amazon (NASDAQ: AMZN), through its cloud unit Amazon Web Services (AWS), sells a wide variety of AI products and services ...
The catalyst for UPS came in recent weeks with a little-seen fee change by the US Postal Service. The price adjustments, which excluded Amazon, upended the economics of parcel delivery for other ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon, in an already challenging environment for the parcel delivery giant.
It aims to adapt by shipping fewer and higher-margin packages and cutting back on less profitable deliveries. UPS said Thursday it reached an agreement with Amazon to lower volumes by more than 50% by ...
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