UPS to cut its Amazon business by more than 50%. Here’s why.
1 day ago · Earnings Results UPS to cut its Amazon business by more than 50%. Here’s why. UPS’s stock suffers record selloff as a revenue miss and downbeat outlook increase worries …
UPS Stock Falls After Amazon Business Cut - Newsweek
17 hours ago · If the stock cannot recover by the closing bell, this will mark the largest one-day sell-off by UPS in the company's history. ... "By 2026, [UPS] will slash Amazon's package …
UPS shares tank 15% after weak guidance, plan to slash Amazon ...
14 hours ago · Amazon said before the UPS announcement that it had offered to increase UPS’ volumes. UPS forecast 2025 revenue of $89 billion, down from revenue of $91.1 billion in 2024.
UPS reducing Amazon delivery volume; shares slump on 2025 …
1 day ago · Amazon accounted for 11.8% of UPS' overall revenue in 2024. Between 2021 and 2024, UPS on average reduced the number of packages it delivered for Amazon by about …
UPS to cut its Amazon business by more than 50%. Here's why.
14 hours ago · Meanwhile, Amazon's stock fell 1%, and shares of UPS rival FedEx Corp. (FDX) declined 2.1%. UPS said it reached an agreement in principle with Amazon to lower its volume …
UPS stock price tumbles today; Amazon service cuts in 2026
16 hours ago · UPS stock was down more than 14% as of Thursday afternoon, after falling during premarket trading. The decline was on track to break the current record for the stock’s worst …
UPS Stock Plunges as Amazon Plans 50% Volume Cut
19 hours ago · UPS stock was down 16% in 2024 vs a gain of 25% for the S&P 500, which suggests the market understood the business risk management is addressing with its recent …
UPS stock sinks after announcing cut to Amazon deliveries - Axios
13 hours ago · United Parcel Service will halve its Amazon package revenue to bolster its profitability, but the unexpected move sent the stock tumbling Thursday. Why it matters: UPS …
UPS to Ship Fewer Amazon Packages; Shares Plunge - Business …
18 hours ago · UPS's chief financial officer, Brian Dykes, said on the call that Amazon shipments made up about 20% of UPS's volume in the US. The company had reported fourth-quarter …
UPS stock plummets 15% as Amazon business will shrink - Quartz
16 hours ago · Shares of United Parcel Service (UPS-14.39%) dropped 15% on Thursday, marking its worst day ever, after the company announced a significant reduction in its …
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