UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
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United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
First, it agreed with Amazon to gradually lower its delivery volumes until it had 50% of its current volume by the second ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
We predict UPS stock will continue downward trend in 2025 despite cost-cutting measures, with the potential for sentiment ...
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the ...
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