FedEx (NYSE:FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE:UPS) released a revenue forecast that fell short of market expectations, signaling weaker demand in the parcel delivery sector.
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UPS Stock Falls After Amazon Business Cut
UPS Stock Plunges 7% After Shocking 50% Cut In Amazon Business: What’s Next For The Shipping Giant?
United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon,
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Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.
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United Parcel Service (UPS) Q4 Earnings Report Preview: What To Look ForParcel delivery company UPS (NYSE:UPS) will be announcing earnings results tomorrow before market hours. Here’s what investors should know.
FedEx stock is trading lower on Thursday in sympathy with United Postal Service, which fell after it reported 2024 fiscal-year fourth-quarter earnings.
(Reuters) - -United Parcel Service on Thursday forecast 2025 revenue below Wall Street estimates, as gains from cost cuts were offset by customers opting for cheaper, slower ground-based deliveries from more profitable air-based services. Shares of the world's largest package delivery fell more than 5% early in the trading session.
The weekly chart shows that the UPS share price peaked at $207 in 2022 as demand for shipping soared. It then started a strong downward trend, forming a series of lower lows and lower highs. These trendlines are converging, meaning that the stock is forming a falling wedge pattern.
Amazon.com has taken over the largest delivery business in the U.S., surpassing both UPS and FedEx in parcel volumes, postal service remains biggest delivery service. UPS is leveraging artificial ...
Shares of United Parcel Service sank 10% in premarket trading Thursday after the shipping giant reported worse-than-expected fourth-quarter results.
Our Parcel Select product still exists ... agency later chose UPS for its new air cargo contract. "FedEx and the United States Postal Service have had a long and productive relationship for ...
United Parcel Service's financials stabilized, with recent quarters showing revenue and net income growth. Read why UPS stock is a good investment opportunity.
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic decisions. See why UPS is a Hold now.
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