Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.

UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...

United Parcel Service UPS reported better-than-expected fourth-quarter 2024 earnings on Jan. 30. However, revenues fell short ...

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

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

UPS has announced plans to reduce its shipping volumes for Amazon by “more than 50%” under a revised agreement with the global ecommerce giant. The change will come into effect by the second half of ...

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

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 ...

UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.

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 (NYSE: UPS) faced its worst single-day stock performance on record after the company released a ...

UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...