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 ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
Why tariffs are particularly bad news for UPS, Forward Air, and FedEx According to data from S&P Global Market Intelligence, FedEx does 72% of its business in the U.S. and UPS gets 79% of its revenues ...
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 reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...
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 ...