Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year ...
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 predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
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 announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
Baird analyst Garrett Holland changed his rating on the stock to Hold from Buy and cut his price target to $130 from $160.