Shares of United Parcel Service were suffering their worst day ever on Thursday, after the package-delivery giant announced ...
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
United Parcel Service beat earnings expectations with a significant EPS gain, though revenue slightly missed estimates.
UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...
CEO Carol Tome says the company’s actions are being made to face three key challenges “head on.” The company’s “largest customer” is ...