UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

United Parcel Service (NYSE: UPS) stock fell 14.1% on Jan. 30 after the company reported disappointing fourth-quarter and ...

Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock ...

The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...

UPS stocks plummeted after it slashed business with the world’s largest online retailer.

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...