In its fourth-quarter earnings report, United Parcel Service dropped a bombshell on investors, announcing that its Amazon.com ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
United Parcel Service UPS reported better-than-expected fourth-quarter 2024 earnings on Jan. 30. However, revenues fell short ...
A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number ...
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
United Parcel Service (NYSE: UPS) faced its worst single-day stock performance on record after the company released a ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
Shares of industrial and transportation companies rose amid mixed earnings as companies with exposure to artificial-intelligence infrastructure outperformed more traditional factories. Caterpillar ...
The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic growth.
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...