United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
Amazon’s stock chart suggests a “multi-year breakout” has resumed, and the loss of some UPS deliveries won’t stop it.
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
Looking ahead, UPS is estimated to bring in $89 billion in revenue in 2025. That marker is below last year’s total revenue of $91.1 billion, and it’s $5.8 billion less than what LSEG analysts had ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.