Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
United Parcel Service UPS reported better-than-expected fourth-quarter 2024 earnings on Jan. 30. However, revenues fell short ...
A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well short of expectations, in part because of a high-profile break with partner ...
UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...