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UPS Shares Slide on Plans to Slash Volume of Business With Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
43m
UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
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