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

Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...

UPS stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...

Gross domestic product (GDP) increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Bureau of ...

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

UPS plans 50 percent cut in Amazon volume, while Hapag-Lloyd sees Q4 earnings gains, but geopolitics could mean challenges ...

United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with ...

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com , a surprise move that sent shares ...

UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.

Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...

UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.

UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...