UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent. Chances are, the last time you ordered ...

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

Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...

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

“Amazon is our largest customer, but it’s not our most profitable customer,” Carol B. Tomé, the chief executive officer, said on a conference call that day to discuss its earnings. Although Amazon ...

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...

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

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...

Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

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

UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered ...