UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...
Shares of United Parcel Service sank 10% in premarket trading Thursday after the shipping giant reported worse-than-expected fourth-quarter results.
United Parcel Service beat earnings expectations with a significant EPS gain, though revenue slightly missed estimates.
UPS is cutting its business with Amazon in half by mid-2026, it said Thursday.While big, Amazon's business with UPS was ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.