UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS is breaking away from Amazon.com. The package-delivery company said it was cutting volumes from its largest customer by half, and warned its revenue would come in about $6 billion lower than Wall ...
UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included ...