Tomé said that the remaining half of UPS's business with the e-commerce giant included handling some returns for Amazon — something UPS does "very, very well" and is unlikely to go away anytime ...

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock plummeted ... result in diminishing returns.” Tomé claims there are ...

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...

E-commerce giant Amazon accounted for 11.8% of revenue at UPS in 2024, but “looking ahead, we project this business, if we take no action, will drive diminishing returns,” CEO Carol Tomé said ...

He agreed with Ms. Tomé’s plan for UPS to replace the jettisoned Amazon deliveries with higher-return customers such as small and medium-sized enterprises, business-to-business commerce, healthcare ...

Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...

Tomé said she doesn't believe the remainder of Amazon's volume is on the chopping block, noting Amazon's reliance on The UPS Store locations for customer returns.