UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent. Chances are, the last time you ordered ...

The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...

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

Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...

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

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 ...

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

What stood out in the latest earnings call was an anticipated 50% reduction in delivery volumes from Amazon, UPS' largest ...

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

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

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