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 ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

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

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...

UPS stocks plummeted after it slashed business with the world’s largest online retailer.

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...