UPS stocks plummeted after it slashed business with the world’s largest online retailer.
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 ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
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 Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...