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

UPS has reached an agreement with Amazon to slash its delivery volumes with the e-commerce giant by more than 50% by the latter half of 2026. While Amazon accounted for 20-25% of its UPS's U.S.

Amazon is UPS’s biggest customer, but not its most profitable UPS says it will slash its Amazon deal by over 50% to help profitability Amazon will “continue to partner with [UPS]” UPS has ...

UPS's (UPS) announcement that it will cut back on deliveries for its largest customer, Amazon (AMZN), sent its stock tumbling as much as 15% on Thursday. But the company says it made the change ...

UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...

UPS CEO confirms on the earnings call that the “accelerated glide down” of Amazon volumes was initiated by UPS. “This was not their ask. This was us. This was UPS taking control of our ...

There appeared to be some worry among investors about how UPS's (UPS) bombshell announcement might impact Amazon's business. The stock had lost 1% on Thursday, while both the S&P 500 index SPX and ...

ATLANTA — The Atlanta-based UPS is pulling back from its relationship with Amazon. UPS CEO Carol Tomé says the company is planning on reducing Amazon deliveries by half in the middle of next year.

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Sandy Springs-based logistics company will cut the ...

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