UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi ...
UPS is cutting its business with Amazon in half by mid-2026, it said Thursday.While big, Amazon's business with UPS was ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS’s contract with Amazon was up for renewal this year, making leadership to reevaluate ... What do you think about UPS’s game plan? Will it work out and save the company money, or is it ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. UPS will reduce the amount of Amazon volume ...
UPS is targeting a highly fragmented, very competitive and lower-growth segment making up just 25 per ... in time for Christmas. Then Amazon started building out its own last-mile delivery system ...
Amazon has been building out its own logistics infrastructure ... unlikely to go away anytime soon. "We have 5,200 UPS store locations that make it very convenient for customers of Amazon to ...
Amazon’s short-term fix was to dole out gift cards to make amends with angry shoppers. Longer-term, it started building out its own last-mile delivery system to reduce its reliance on long-time ...