Sometimes, the market can be ruthless, ready to punish the slightest shortcoming or the smallest misstep — and that is ...
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
United Parcel Service (UPS), a shipping and supply-chain management company, released its fourth-quarter earnings on Jan. 30.
UPS executives acknowledged the shift could lead to a loss of customers, but touted upsides in making those deliveries ...
UPS stock plunged a record 14.1 percent to close at $114.90 after it announced plans to reduce its business with Amazon by 50 ...
UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS plans 50 percent cut in Amazon volume, while Hapag-Lloyd sees Q4 earnings gains, but geopolitics could mean challenges ...
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com , a surprise move that sent shares ...
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...