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 ...
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
UPS shares tank 14% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house ...
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 ...
Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
UPS Shares Slide on Plans to Slash Volume of Business With Amazon
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 to halve Amazon deliveries; shipping giant's stock dives
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
UPS to cut Amazon volume by more than 50%
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
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 ...