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

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

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

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

“Amazon is our largest customer, but it’s not our most profitable customer,” Carol B. Tomé, the chief executive officer, said on a conference call that day to discuss its earnings. Although Amazon ...

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

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

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...

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

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

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