Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...

UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...

UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026. Here's what you need to know.

CEO Carol Tomé highlighted that UPS achieved consolidated revenue of $25.3B in Q4 2024, an increase of 1.5% year-over-year, with operating profit rising 11.2% to $3.1B. U.S. domestic operating margin ...

UPS cutting Amazon deliveries in half, expects $89B in 2025. Stock down 13% as company reorganizes due to slow sales.

UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...

United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon, ...