UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
United Parcel Services (UPS), one of the 20 logistic carrier partners that Amazon uses to fulfil deliveries in Australia, saw ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon, ...