United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
United Parcel Service (UPS), a shipping and supply-chain management company, released its fourth-quarter earnings on Jan. 30.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
In its fourth-quarter earnings report, United Parcel Service dropped a bombshell on investors, announcing that its Amazon.com ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
United Parcel Services (UPS), one of the 20 logistic carrier partners that Amazon uses to fulfil deliveries in Australia, saw ...