Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
National Evangelical School of Nabatieh (NESN) damaged in the war between Israel and Hezbollah. The predominantly Shiite city ...
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
Initial filings for unemployment benefits in Vermont dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to 386 in ...
Here's a look at how weekly unemployment claims changed in Massachusetts last week compared with the week prior.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will ...
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient ...
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 ...
Shares in express giant UPS fell today after the company revealed plans to offload 50% of its business with its largest ...