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 announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
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