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UPS stock plunges

Hosted on MSN · 1d

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.

Wall Street Journal · 1d

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.

Axios on MSN · 1d

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,

22h

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 that it isn't its most profitable ...

2hon MSN

Sandy Springs-based UPS announces 50% in volume of packages carried for Amazon

Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.

The Natchez Democrat1h

UPS Natchez hub closing counter service; customers can use alternative authorized shipper

The UPS hub in Natchez no longer provides counter service to customers seeking to send packages. “The hub will still be open ...

1d

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 ...

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 ...

USPS, UPS SurePost delivery contract ends. Here’s what it means for packages

What's next: For businesses that use UPS SurePost, UPS is working on updating its systems to remove P.O. boxes as an ...

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%.

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