UPS is cutting back on delivering for Amazon because the company says its not very profitable. Consumer reporter John ...

United Parcel Service invests $3.5B in AI to boost margins amid rising costs. Explore industry trends, price hikes, and ...

Shares of package delivery giant UPS (NYSE: UPS) were down by 3.5% as of 1 p.m. today. The sell-off coincides with an overall ...

UPS announced it would decrease shipping volume from Amazon, its biggest customer, by more than 50%. UPS shares plummeted Thursday after the Atlanta-based shipping giant announced it would ...

Track all markets on TradingView Investors have long wondered about the potential impact on UPS' business as Amazon.com (AMZN) assumed responsibility for an increasing share of its own delivery ...

UPS recently disclosed that Amazon will be ramping down the package volumes it sends via UPS by more than 50% over the next 18 months. It sounds like the Amazon decision was mostly precipitated by ...

UPS has underperformed the S&P 500 since 2023, coming off an unsustainable COVID-supported valuation, with subpar business ...

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UPS is cutting its business with Amazon in half by mid-2026, it said Thursday. While big, Amazon's business with UPS was becoming less profitable, CEO Carol Tomé said. Amazon has been building ...

UPS shares plummeted Thursday after the Atlanta-based shipping giant announced it would drastically reduce shipping volume from Amazon, its biggest customer. UPS Inc., by far the largest employer ...