United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
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 suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Baird analyst Garrett Holland changed his rating on the stock to Hold from Buy and cut his price target to $130 from $160.
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.