UPS is gearing up for a productive fiscal year in 2025. The parcel service outlined three strategic action steps in a recent ...
UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
UPS said it reached an agreement in principle with Amazon to lower its volume by more ... How we use your information depends on the product and service that you use and your relationship with ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday.
UPS said Thursday that it would cut its business with Amazon in half by mid-2026. CEO Carol Tomé said Amazon's business with UPS, while big, was becoming less profitable. Amazon has been building ...
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
CEO Carol Tome added that the current Amazon (AMZN) business is currently “extraordinarily dilutive” to profitability.Invest with ...
“When you inject big price increases in a marketplace, you open the door to innovation and new offerings,” Mr Gooding said, adding that Amazon is likely to benefit from UPS’ dilemm ...
UPS CEO confirms on the earnings call that the “accelerated glide down” of Amazon volumes was initiated by UPS. “This was not their ask. This was us. This was UPS taking control of our ...