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

UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

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

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

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

Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a significant reduction in its business with Amazon (AMZN), its largest customer.

Strategic Actions: The company announced reaching an agreement to reduce volume with its largest customer by over 50% by late 2026, insourcing 100% of UPS SurePost from January 1, 2025 ...

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