UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

UPS is the giant among global small-parcel ... we expect total revenue to fall 3% due to the ramp down of the Amazon relationship. That said, assuming a stable macroeconomic backdrop in the ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Sandy Springs-based logistics company will cut the ...

United Parcel Service UPS0.35%increase; green up pointing triangle is going to do a lot less business with its biggest customer, Amazon AMZN-0.57%decrease; red down pointing triangle.com.

Tomé explained: Our contract with Amazon came up this year. And so we said, it’s time to step back for a moment and reassess our relationship. Because if we take no action, it will likely ...

Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...

why UPS is cutting back on Amazon deliveries, and more. Winners and Losers: UFC Saudi Arabia Shockers That Changed MMA World The best late-night host of all time isn't Leno or Letterman ...

"We believe the reduction in third-party deliveries is a natural evolution of the Amazon/UPS relationship, as Amazon's lower-cost regional fulfillment network with same-day delivery hubs allow ...

Amazon does more inventory storage and order ... I've got a pretty good pipeline," Ganesh said, adding that UPS has relationships with Georgia Tech and MIT. "It's all about showing those ...

The move to scale back shipments for Amazon.com Inc. by 50% is designed to allow the courier to focus on more profitable clients. Carol Tomé, UPS’ chief executive officer, defended the shift as ...