UPS stocks plummeted after it slashed business with the world’s largest online retailer.

Baird analyst Garrett Holland changed his rating on the stock to Hold from Buy and cut his price target to $130 from $160.

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

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 CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...

UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...

CEO Carol Tome added that the current Amazon (AMZN) business is currently “extraordinarily dilutive” to profitability.Invest with ...

Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.

Shares in express giant UPS fell today after the company revealed plans to offload 50% of its business with its largest ...