UPS said Tuesday that it expects to cut 20,000 jobs this year and close 73 buildings in the next two months, as the company reduces its business with Amazon and faces wider economic uncertainty.

Notably, UPS announced it has reached an agreement in principle with its largest customer to lower its volume by more than 50 ...

Considering that Amazon accounted for 11.8% of UPS’s total revenue for the year, which translates to roughly $10.7 billion, it didn’t help that the delivery giant also resumed its pattern of ...

UPS forecast 2025 revenue of $89 billion, down from revenue of $91.1 billion in 2024. That is well below consensus estimates for 2025 revenue of $94.88 billion, according to analysts polled by LSEG.

Looking at the chart above, XLI's low point in its 52 week range is $84.275 per share, with $107.88 as the 52 week high point — that compares with a last trade of $95.82.

Sandy Springs-based UPS made a $2.58 billion profit for the third quarter, as high shipping rates boosted its revenue in the face of high fuel costs and other economic headwinds.. The cost of ...

The Teamsters Union and UPS on Wednesday accused each other of abandoning labor negotiations aimed at averting what would be the largest strike in the U.S. since the 1950s. The union, which ...

UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. ... "Amazon is our largest customer but it’s not our most profitable customer," Tome said.

UPS workers rallied July 15 at the Teamsters Local 282 Union Hall in New Hyde Park ahead ... Hoge said the e-commerce business ships 300 to 400 mostly large packages a day to consumers across the ...

UPS stock is lower after announcing that it plans to cut volume for Amazon, its largest customer, by more than 50% by late 2026. Here's what you need to know.

The company logo for United Parcel Service (UPS), is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., October 22, 2019.