Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will decrease by over 50% by the second half of 2026. This news, along with its ...
UPS management overestimated demand in the U.S. small package market for the last two years An over-reliance on its largest ...
The customer is believed to be Amazon (AMZN). UPS (UPS) also said it has insourced 100% of its UPS SurePost product, and in connection with those efforts, is reconfiguring its U.S. network ...
United Parcel Service (NYSE:UPS) fell sharply in morning trading on Thursday after the delivery giant said it reached a deal with Amazon (AMZN) to lower its volume by more than 50% by the second ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a significant reduction in its business with Amazon (AMZN), its largest customer.
UPS's (UPS) announcement that it will cut back on deliveries for its largest customer, Amazon (AMZN), sent its stock tumbling as much as 15% on Thursday. But the company says it made the change ...
UPS (UPS) stock plunges after the company reported earnings and provided a weak 2025 forecast as it cuts deliveries from its largest customer, believed to be Amazon (AMZN).
JPMorgan says conversations at a recent logistics industry conference indicated that Amazon Freight (AMZN) was starting to build out its ...
It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the operating margin of 21.6% versus less than half on its outsized US segment, ...
United Parcel Service(NYSE: UPS) stock fell 14.1% on Jan. 30 after the company reported disappointing fourth-quarter and full-year 2024 results. The stock is now at its lowest level since July 2020.