The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

After facing iced-over roads and snow,  Houston-area package delivery companies are set to resume regular hours for the rest ...

UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will shed some of its least-profitable business and help shelter profits from ...

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 ...

Amazon closed its warehouses in the Houston area Tuesday, and UPS said that it would not deliver or pick up in most Houston ...

UPS is continuing to withdraw from its business relationship with Amazon, which is "not our most profitable customer." ...

In a report released yesterday, Brian Ossenbeck from J.P. Morgan maintained a Hold rating on United Parcel (UPS – Research Report), with a ...

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...

Investing.com -- FedEx (NYSE: FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE: UPS) released a revenue forecast that fell short of market expectations, signaling weaker ...