The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...
UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
United Parcel Service (NYSE: UPS) stock fell 14.1% on Jan. 30 after the company reported disappointing fourth-quarter and ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
We predict UPS stock will continue downward trend in 2025 despite cost-cutting measures, with the potential for sentiment ...
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...