UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...
Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
Amazon’s stock surged 1.3% to close at $237.68 on Friday. It reached as high as $240.29 in intraday trading, which was ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
UPS' (UPS 0.12%) recent fourth-quarter earnings report was monumental. It wasn't so much the numbers from the final quarter ...
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
EST Amazon.com (AMZN) expects to continue to be partners with UPS (UPS) ‘for many years’Maximize Your Portfolio with Data Driven ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
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