Read about American Airlines, UPS, Wizz Air and more in the latest Market Talks covering the auto and transport sectors.
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 ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS is also insourcing deliveries through SurePost, its home-delivery service for smaller packages. UPS used to drop packages with the U.S. Postal Service for last-mile delivery, but it ended 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 ...
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 stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...
(Reuters) - -United Parcel Service on Thursday forecast 2025 revenue below Wall Street estimates, as gains from cost cuts ...
United Parcel Service (NYSE:UPS – Get Free Report) is expected to post its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect United Parcel Service to post ...