The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Shares of United Parcel Service were suffering their worst day ever on Thursday, after the package-delivery giant announced ...
Stocks fluctuated Thursday as shares of tech companies struggled following mixed earnings and as Wall Street awaited Apple’s ...
Morgan Stanley lowered the firm’s price target on UPS (UPS) to $82 from $100 and keeps an Underweight rating on the shares. A Q4 beat was ...
UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included ...
UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...
Shares of United Parcel Service sank 10% in premarket trading Thursday after the shipping giant reported worse-than-expected fourth-quarter results.
New Jersey residents share heartwarming stories of Anthony Romano's kindness and the special place he held in their community ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...