UPS is hugely scaling back its Amazon shipping deal
The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon ...
UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS to halve Amazon deliveries; shipping giant's stock dives
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in Louisville, which is home to UPS' largest sorting hub, Worldport, and its UPS ...
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS Breaks With Amazon to Take ‘Control of Own Destiny’
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
FedEx remains one of the world's most admired companies, according to survey
FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...
UPS price target lowered to $120 from $135 at JPMorgan
JPMorgan lowered the firm’s price target on UPS (UPS) to $120 from $135 and keeps a Neutral rating on the shares post the Q4 report. The ...
Postal Service delivers as Amazon, UPS, FedEx report weather-related disruptions
Amazon closed its warehouses in the Houston area Tuesday, and UPS said that it would not deliver or pick up in most Houston ...
UPS plans to slash its shipping business with Amazon by half
UPS is continuing to withdraw from its business relationship with Amazon, which is "not our most profitable customer." ...