Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
With a volume of 10,657,850, the price of UPS is up 0.1% at $115.01. RSI indicators hint that the underlying stock may be approaching oversold. Next earnings are expected to be released in 81 days.
After Groundhog Day and Valentine's Day pass next month, certain Floridians will celebrate Presidents Day. Here's what will be open and closed ...
Raymond James analyst Patrick Brown maintained a Buy rating on United Parcel (UPS – Research Report) today and set a price target of $145.00.
UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Read more at The Business Times.
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS plans 50 percent cut in Amazon volume, while Hapag-Lloyd sees Q4 earnings gains, but geopolitics could mean challenges ...
In the fourth quarter, UPS brought in $25.3 billion, a 1.5% rise over last year. Operating profit increased 11.2% to $3.1 billion; adjusted profits per share came in at $2.75, above consensus ...