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UPS stock plunges
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares plunged.
UPS Stock Plunges on Plan to Halve Amazon Deliveries
UPS is breaking away from Amazon.com. The package-delivery company said it was cutting volumes from its largest customer by half, and warned its revenue would come in about $6 billion lower than Wall Street expected this year.
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,
UPS, Amazon
UPS Stock Plummets 14% After Cutting 50% of Amazon Business
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
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.
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 decrease by over 50% by
18h
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 ...
21h
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 ...
13d
UPS, U.S. Postal Service contract ends: What it means for your deliveries
UPS SurePost packages will be delivered by UPS drivers only after a contract between UPS and USPS expired this year.
Staten Island Advance
13d
UPS, U.S. Postal Service package delivery change: What it will mean for P.O. Box users
The end of the agreement means
UPS
customers will now have to
ship
their
packages
directly to a U.S. location or their ...
thefw
11d
Here’s How Your Package Deliveries Are Changing in 2025
Money Digest reported back in February 2024 that Best Buy had plans to close 24 stores during the year with another 10 to 15 ...
Woodward News
2d
UPS to close public access to Woodward distribution center
The UPS Customer Center at 4231 Oklahoma Ave. in Woodward will officially close its customer services on Jan. 31. The move ...
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