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UPS, Amazon
UPS plans to slash its shipping business with Amazon by half
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies' revised arrangement.
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 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 agreement that would cut its business with Amazon.com Inc., its largest customer,
12h
on MSN
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 ...
11h
UPS to halve Amazon deliveries; shipping giant's stock dives
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
2d
Amazon Slapped with $96M Complaint by Chinese Ocean Carrier for Breaking Contract
The e-commerce giant backed out of a two-year contract after an 11-month period where spot freight rates plummeted nearly 80 ...
3d
AMZ Prep Launches Temperature-Controlled Facilities to Enable Year-Round Amazon ‘Prime-like’ 2-day Shipping
The facilities are now operational and accepting new brand partners seeking temperature-controlled fulfillment solutions.
7d
What exactly is Amazon Haul, the site where everything is under $20?
If you're more concerned with saving money than fast shipping, then Amazon's newest consumer e-commerce platform might be for ...
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 ...
18h
UPS CEO, asked if rest of Amazon business will leave too, says ‘don’t think so’
CEO Carol Tome added that the current Amazon (AMZN) business is currently “extraordinarily dilutive” to profitability.Invest with ...
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United Parcel Service
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