UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent. Chances are, the last time you ordered ...
United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
It wasn't so much the numbers from the final quarter of 2024 as it was management outlining the strategic changes it was ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...
“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 ...
As noted, based on the company's guidance, UPS is a great value. Management's guidance for 2025 calls for revenue of $89 ...
First, it agreed with Amazon to gradually lower its delivery volumes until it had 50% of its current volume by the second ...