UPS stocks plummeted after it slashed business with the world’s largest online retailer.

Baird analyst Garrett Holland downgraded UPS stock to Hold from Buy. He cut his price target to $130 a share from $160.

UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...

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

A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number ...

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

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

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

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