Here's What UPS' Monumental News Means for Investors
UPS' (NYSE: UPS) recent fourth-quarter earnings report was monumental. It wasn't so much the numbers from the final quarter ...
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
Nasdaq4d
What's Next For UPS Stock?
However, the company’s outlook fell short of expectations. UPS plans to lower volumes with Amazon by more than 50% by the second half of 2026. This didn’t sit well with the investors ...
Seeking Alpha7d
UPS Is Shedding Dead Weight, But It Might Not Be Enough
UPS's Q4 earnings report caused a significant stock drop, driven by a strategic decision to reduce volume from its largest customer, Amazon. Management aims to improve efficiency and margins by ...
AOL7d
UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'
UPS's (UPS) announcement that it will cut back on deliveries for its largest customer, Amazon (AMZN), sent its stock tumbling as much as 15% on Thursday. But the company says it made the change ...
Business Insider7d
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call.
Supply Chain8d
UPS to Scale Back Amazon Delivery Volumes
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, ...
Morningstar7d
UPS to cut its Amazon business by more than 50%. Here's why.
UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered ...