UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS is cutting its business with Amazon in half by mid-2026, it said Thursday.While big, Amazon's business with UPS was ...
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 ...
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS slashing Amazon volume by 50% in push for profitability
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
UPS Earnings Top Views But Shipping Giant Dives On Amazon News
The UPS earnings report showed an ongoing recovery in its core delivery business. But a surprise strategic action by Amazon ...
UPS down 15% as cut to Amazon volume accelerates
Shares of UPS (UPS) are down $20.29, or 15%, to $113.49 in pre-market trading after the company gave a full year 2025 consolidated revenue ...
UPS forecasts weak 2025 revenue as it pares Amazon exposure, shares fall
United Parcel Service on Thursday forecast 2025 revenue below expectations as the parcel delivery giant works to lower ...