United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...

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

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...

Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

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

CEO Carol Tomé said in an earnings call that while Amazon is the shipping giant's biggest customer, it is not the most profitable. The companies' contract was expiring, and UPS l ...

FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...

UPS has announced plans to reduce its shipping volumes for Amazon by “more than 50%” under a revised agreement with the ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

UPS is continuing to withdraw from its business relationship with Amazon, which is "not our most profitable customer." ...

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...