UPS’ CFO Dykes added that the shift with Amazon will mean a drop in “fixed costs” including ... ExploreUPS lays off more employees amid effort to boost profitability In follow up questions ...

The decline in Amazon volume will lead to fewer packages being delivered by UPS, but at more profitable rates. In 2025, UPS expects average daily U.S. volume to drop about 8.5% year over year ...

UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...

Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock plummeted to the single largest loss in company history. Stock valuation ...

UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. The move to scale back business with Amazon ...

UPS stock had its worst day on record after the package-delivery company said it was cutting volumes from Amazon.com. Shares in UPS fell 14%, its sharpest one-day drop, according to Dow Jones ...

NEW YORK – United Parcel Service (UPS ... share drop after shocking the market by slashing business with the world’s largest online retailer. The move to scale back business with Amazon.com ...

UPS has also been busy cutting costs to address poor financial growth. In January 2024, it laid off 12,000 workers as part of an effort to claw back $1 billion in savings. Amazon told us that the ...

suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. The move to scale back shipments for Amazon.com Inc. by 50% is designed ...