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UPS stock plunges

Business Insider on MSN · 15h

UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'

UPS is cutting its business with Amazon in half by mid-2026, it said Thursday.While big, Amazon's business with UPS was becoming less profitable, CEO Carol Tomé said.Amazon has been building out its own logistics infrastructure in recent years.

Axios on MSN · 9h

UPS stock plunges after announcing cut to Amazon deliveries

United Parcel Service will halve its Amazon package volume to bolster its profitability, but the unexpected move sent the stock tumbling Thursday. Why it matters: UPS gets nearly 12% of its revenue from Amazon deliveries,

The Spokesman-Review · 11h

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 Thursday morning. The Georgia-based logistics company will cut the volume it moves for the retailer by more than 50% by the second half 2026,

UPS, Amazon

Hosted on MSN · 7h

UPS Shares Plunge on Plan to Slash Amazon Business By Half

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer.

Newsweek · 14h

UPS Stock Falls After Amazon Business Cut

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

10h

UPS to cut its Amazon business by more than 50%. Here’s why.

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

14h

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 ...

12h

UPS slashing Amazon volume by 50% in push for profitability

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...

14hOpinion

UPS’ Amazon Reduction Is the Right Move

Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

10hon MSN

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 ...

12h

UPS stock plummets 15% because it's about to do a lot less Amazon business

Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...

10hon MSN

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 ...

10hon MSN

UPS paid a big price for your Amazon deliveries

What they do & how much they get paid In corporate headlines, UPS is at the point of its relationship with Amazon, where it’s ...

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