UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
The UPS earnings report showed an ongoing recovery in its core delivery business. But a surprise strategic action by Amazon ...
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