UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
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 ...
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UPS to cut Amazon volume by more than 50%
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
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 ...
UPS CEO Says Amazon Is 'Our Largest,' But 'Not Our Most Profitable Customer'
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
UPS slashing Amazon volume by 50% in push for profitability
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
UPS Stock Is Downgraded. Amazon News Weighs Heavily.
Baird analyst Garrett Holland downgrades UPS stock to Hold from Buy and cuts his price target to $130 a share from $160.