Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Amazon’s stock surged 1.3% to close at $237.68 on Friday. It reached as high as $240.29 in intraday trading, which was ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
UPS' (UPS 0.12%) recent fourth-quarter earnings report was monumental. It wasn't so much the numbers from the final quarter ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
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