Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...

Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...

UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.

adding that Amazon will remain a long-term partner but will likely be utilized in deliveries that have multiple pickup locations or involve moving shipments across the country. UPS said Thursday ...

UPS is gearing up for a productive fiscal year in 2025. The parcel service outlined three strategic action steps in a recent ...

Amazon MX Player will be home to over 100 series in 2025. At an event held in Mumbai, the streaming platform announced some ...

UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call.

UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did between 2021 and 2024. That will allow the company to focus on fewer but ...

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 ...

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 ...

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