CEO Carol Tomé said in an earnings call that while Amazon is the shipping giant's biggest customer, it is not the most profitable. The companies' contract was expiring, and UPS l ...

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com , a surprise move that sent shares ...

UPS shares sunk 13.6% to $115.60 in afternoon trading as investors absorbed the news, which dragged FedEx shares down 2%. "The agreement with Amazon to reduce volumes by more than 50% in 18 months ...

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...

While big couriers such as UPS specialise in express shipments, they have relied on the US Postal Service (USPS ... without labour unions like FedEx and Amazon. In 2024, a commercial carrier ...

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 ... time Amazon has lost delivery slots with a third-party firm – in 2019, FedEx ended its contract with the retail giant. Amazon has also been busy building ...

The Amazon announcement surprised many on Wall Street. It is the latest move by industry leaders UPS and FedEx to revamp their ... The insourced USPS business, known as SurePost, is the most ...

Backing away from Amazon also brings UPS more in line with FedEx Corp., which has long ... weeks with a little-seen fee change by the US Postal Service. The price adjustments, which excluded ...

Amazon Prime subscribers are not happy with some of the changes Amazon has been making to Amazon Prime Video recently. And these changes are making the video streaming service worse. In fact ...

The United States Postal Service (USPS) ended its partnership with UPS SurePost. Amazon's spokesperson Kelly Nantel said UPS requested the decrease in volume to address operational needs ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Sandy Springs-based logistics company will cut the ...