Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
UPS stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...
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United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well ...
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...
UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will shed some of its least-profitable business and help shelter profits from ...
United Parcel Service (NYSE: UPS) Q4 2024 Earnings Call Jan 30, 2025, 8:30 a.m. ET Good morning. My name is Greg Alexander, and I will be your facilitator today. I would like to welcome everyone to ...
President-elect Donald Trump’s return to the White House has given new vigor to conservative efforts to privatize the U.S. Postal Service.
UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026. Here's what you need to know.
Shares in express giant UPS fell today after the company revealed plans to offload 50% of its business with its largest customer Amazon ...