UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

UPS on Thursday announced fourth-quarter earnings per share of $2.75 from sales of $25.3 billion. Wall Street was looking for earnings per share of $2.53 from sales of $25.4 billion, according to ...

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t ...

UPS will cut the volume of Amazon deliveries it transports by ... "The portion of the business that we're transitioning out of just doesn't make sense for us to do," Dykes said, adding that ...

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 ...

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 ...

It wasn't so much the numbers from the final quarter of 2024 as it was management outlining the strategic changes it was ...

United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...

(Reuters) -United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer ... based UPS is making moves that ...

While Amazon accounted for 20-25% of its UPS's U.S. package volumes, making Amazon UPS's largest customer, that business was responsible for under 12% of the delivery company's total revenue in 2024, ...

People awaiting packages Tuesday in the Houston area may have to keep waiting, after Amazon, UPS and FedEx reported ... "Mail carriers will continue to make every attempt to deliver to all ...