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UPS, Amazon
Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will decrease by over 50% by
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an agreement that would cut its business with Amazon.com Inc., its largest customer,
UPS plans to slash its shipping business with Amazon by half
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies' revised arrangement.
17h
on MSN
UPS trades at a multi-year low even though it expects margins and EPS to increase this year
UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...
14h
UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its ...
SchaeffersResearch.com
18h
UPS Stock Eyes Worst Day Ever After Earnings, Amazon Deal
Today's bear gap has UPS falling to more than four-year lows and its largest single-day percentage drop in history. The ...
22h
on MSN
UPS slides after cutting business with its largest customer by 50%
Notably, UPS ( UPS) announced it has reached an agreement in principle with its largest customer to lower its volume by more ...
14h
UPS stock plummets 15% because it's about to do a lot less Amazon business
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
13h
UPS Stock Sinks on Plans to Slash Business with Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
12h
on MSN
Amazon ups advertisement spending on X, Apple also in talks to test ads on Musk's platform - WSJ
Amazon (NASDAQ:AMZN) is ramping up ad spending on Elon Musk's social media platform X, and the decision to do so involved CEO ...
12h
on MSN
S&P 500 Gains and Losses Today: UPS Stock Drops as Shipper Trims Amazon Deliveries
Key Takeaways The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic ...
18h
UPS Shares Slide on Plans to Slash Volume of Business With Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
Money Morning
17h
Should You Buy the Dip on UPS Stock?
UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included ...
14h
Why UPS Stock Is Plunging Today
United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well ...
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