UPS shares fell over 15% Thursday after issuing weak revenue guidance and announcing plans to cut Amazon deliveries by more ...
The UPS hub in Natchez no longer provides counter service to customers seeking to send packages. “The hub will still be open ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon ...
UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
WALLA WALLA, Wash. – Two Walla Walla residents face charges in connection with the discovery of meth at a UPS shipping ...
Suspected members of a South Florida crime syndicate are behind bars in Middle Tennessee after being accused of stealing more ...
Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...
UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...