UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
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