Transportation stocks in particular were taking it on the chin this morning: United Parcel Service (NYSE: UPS) stock is down ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
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 shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...
The company is laying off workers after its big contract payoff to the union.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
United Parcel Service (UPS) stock dove today after the delivery company released a mixed earnings report for Q4 2024. First ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...