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UPS, Amazon
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 agreement that would cut its business with Amazon.com Inc., its largest customer,
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.
UPS says 2025 revenue to slide on fewer Amazon deliveries; shares drop
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.
4h
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
5h
on MSN
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
8h
Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
8h
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.
6h
UPS Stock Takes Hit Over Fewer Amazon Deliveries
United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with ...
6h
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 ...
StockStory.org on MSN
8h
United Parcel Service (UPS) Stock Trades Down, Here Is Why
Shares of parcel delivery company UPS (NYSE:UPS) fell 17.6% in the morning session after the company reported weak ...
10h
UPS reduces Amazon shipments, Lowers 2025 forecast; shares drop
UPS cutting Amazon deliveries in half, expects $89B in 2025. Stock down 13% as company reorganizes due to slow sales.
9h
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 ...
6h
UPS Reports Q4 Earnings Beat, Plans Cost-Cutting Amid Amazon Volume Decline
United Parcel Service (UPS, Financials) reported fourth-quarter earnings that exceeded analyst expectations, driven by ...
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