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UPS stock plunges

Hosted on MSN · 21h

UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'

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

Axios on MSN · 18h

UPS stock plunges after announcing cut to Amazon deliveries

United Parcel Service will halve its Amazon package volume to bolster its profitability, but the unexpected move sent the stock tumbling Thursday. Why it matters: UPS gets nearly 12% of its revenue from Amazon deliveries,

UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'

UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.

UPS, Amazon

NBC News · 17h

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

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

UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.

Hosted on MSN · 16h

UPS Shares Plunge on Plan to Slash Amazon Business By Half

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.

22h

Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%

Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...

20h

UPS announces major cutback in Amazon relationship

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...

19h

UPS to halve Amazon deliveries; shipping giant's stock dives

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

19hon MSN

UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price

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

1don MSN

UPS forecasts weak 2025 revenue as it pares Amazon exposure, shares fall

United Parcel Service on Thursday forecast 2025 revenue below expectations as the parcel delivery giant works to lower ...

1d

UPS CEO, asked if rest of Amazon business will leave too, says ‘don’t think so’

CEO Carol Tome added that the current Amazon (AMZN) business is currently “extraordinarily dilutive” to profitability.Invest with ...

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