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UPS, Amazon
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 agreement that would cut its business with Amazon.com Inc., its largest customer,
UPS Stock Sinks on Plans to Slash 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 business it does with Amazon over the next 18 months.
UPS plans to slash its shipping business with Amazon by half
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies' revised arrangement.
16h
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 ...
11h
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 ...
14h
on MSN
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
28m
UPS Faces Strategic Reset Amid Amazon Volume Reduction Risk: Hold Rating Issued
Robert W. Baird analyst Colin Sebastian downgraded the rating on United Parcel (UPS – Research Report) to a Hold today, setting a price target ...
20h
on MSN
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...
17h
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.
15h
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 ...
14h
UPS Stock Takes Hit Over Fewer Amazon Deliveries
United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with ...
StockStory.org on MSN
16h
United Parcel Service (UPS) Stock Trades Down, Here Is Why
Shares of parcel delivery company UPS (NYSE:UPS) fell 17.6% in the morning session after the company reported weak ...
SchaeffersResearch.com
19h
UPS Stock Eyes Worst Day Ever After Earnings, Amazon Deal
Today's bear gap has UPS falling to more than four-year lows and its largest single-day percentage drop in history. The ...
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