UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
Amazon’s stock resumes its breakout. Losing some UPS deliveries won’t stop it.
Amazon’s stock surged 1.3% to close at $237.68 on Friday. It reached as high as $240.29 in intraday trading, which was ...
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS breaks with Amazon to take ‘control of own destiny’
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
UPS Is A Cautious Buy At Current Levels, A Catalyst For A Turnaround Still Missing
It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the ...
‘Control of our destiny’: UPS braves blowback over Amazon break
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
Retail Dive5d
UPS to cut Amazon volume by more than 50%
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
UPS slashing Amazon volume by 50% in push for profitability
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
UPS stock price is tumbling after the delivery company said it would cut back service with Amazon
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
UPS stock plummets 15% because it's about to do a lot less Amazon business
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
Morningstar5d
UPS to cut its Amazon business by more than 50%. Here's why.
UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered ...