Gross domestic product (GDP) increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Bureau of ...
As part of an agreement with Amazon, UPS said it said would cut the volume of Amazon deliveries it transports by more than 50 ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Shares of United Parcel Service Inc (UPS) tumbled over 14% on Thursday after the firm missed fourth-quarter revenue estimates ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its ...
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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 ...
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UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut ...
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Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.