Transportation stocks in particular were taking it on the chin this morning: United Parcel Service (NYSE: UPS) stock is down ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
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 shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
The company is laying off workers after its big contract payoff to the union.
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
United Parcel Service (NYSE:UPS), a global leader in package delivery and supply chain solutions, finds itself at a critical ...