UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year ...
UPS CEO Says Amazon Is 'Our Largest,' But 'Not Our Most Profitable Customer'
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
UPS Asks Amazon (AMZN) to Cut Its Package Volume by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS to cut Amazon volume by more than 50%
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
Sandy Springs-based UPS announces 50% in volume of packages carried for Amazon
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
UPS CEO Carol Tomé on Amazon pullback, profit growth, and logistics expansion
Morgan Brennan interviews UPS CEO Carol Tomé on the company's strategic shift, reducing its reliance on Amazon while ...