Baird downgraded United Parcel Service Inc (NYSE:UPS) to "Neutral" on the rising impact of Amazon’s planned volume reduction, which introduces a multi-year challenge for the shipping giant.
Amazon Prime is expected to remain at the core of Amazon’s business strategy, continually evolving to meet consumer demands.
All Nippon Airways (ANA) has received approval for its planned takeover of Nippon Cargo Airlines (NCA) from Japan's Fair ...
The global Dropshipping Market is projected to expand from an estimated USD 279.8 million in 2024 to USD 1,870.0 million by 2033, reflecting a significant Compound Annual Growth Rate (CAGR) of 23.50%.
The global import-export industry has evolved rapidly driven by advancements in technology changing trade policies and shifting supply chain dynamics Businesses that adapt to these changes are better ...
United Parcel Service (NYSE: UPS) faced its worst single-day stock performance on record after the company released a ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
In the fourth quarter, UPS brought in $25.3 billion, a 1.5% rise over last year. Operating profit increased 11.2% to $3.1 billion; adjusted profits per share came in at $2.75, above consensus ...
UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
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 ...