United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
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