UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
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 ...
UPS CEO Says Amazon Is 'Our Largest,' But 'Not Our Most Profitable Customer'
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
UPS Is A Cautious Buy At Current Levels, A Catalyst For A Turnaround Still Missing
UPS stock is currently trading at half its 2022 all-time high, presenting a potential buying opportunity. Financial results ...
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 to cut Amazon volume by more than 50%
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
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 ...