UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...

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

Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

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

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

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

UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient ...

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...

UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut ...

U.S. GDP growth slowed to 2.1% in Q4, with consumer and government spending offset by a decline in investment and rising ...

Mikayla Matthews commemorated 1 year since she took her breast implants out after they caused her chronic illness to flare up ...

United Parcel Service forecast revenue of $89 billion for this year, compared with the analysts expectation of $94.9 billion ...