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UPS, Amazon
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com, a surprise move that sent shares tumbling as much as 18%.
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer.
UPS Stock Plunges on Plan to Halve Amazon Deliveries
UPS is breaking away from Amazon.com. The package-delivery company said it was cutting volumes from its largest customer by half, and warned its revenue would come in about $6 billion lower than Wall Street expected this year.
5h
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 ...
KAAL TV
21h
Amazon introduces new delivery hub to Stewartville
In Stewartville, the city has a new way for a business to make extra money, using what's called an "Amazon Hub".
Supply Chain
7h
UPS to Scale Back Amazon Delivery Volumes
Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.
KJCT8
7d
New Amazon Delivery Station opens in Grand Junction
GRAND JUNCTION, Colo. (KJCT) - Amazon’s first delivery station on the Western Slope held its grand opening on January 22.
2d
on MSN
What a Privatized USPS Could Mean for Your Next Amazon Delivery?
Discover how USPS privatization could reshape mail delivery, from rising costs and slower service to Amazon's evolving role in rural logistics.
9d
on MSN
Postal Service delivers as Amazon, UPS, FedEx report weather-related disruptions
Amazon closed its warehouses in the Houston area Tuesday, and UPS said that it would not deliver or pick up in most Houston ...
8d
Amazon pauses drone delivery in Tolleson and Texas, citing voluntary safety upgrades
An Amazon spokesperson said an incident that involved a crash at a testing facility in Oregon was not the primary reason for ...
9h
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 ...
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