UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
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 ...
United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...
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 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 ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
With UPS and rival Fedex pretty much out of the picture, the most likely path for Amazon to take is to build out its own delivery system. That means effectively acquiring much of the low-margin ...
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 ...
Amazon is UPS’s biggest customer, but not its most profitable UPS says it will slash its Amazon deal by over 50% to help profitability Amazon will “continue to partner with [UPS]” UPS has ...
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