In a report released yesterday, Jonathan Chappell from Evercore ISI maintained a Hold rating on United Parcel (UPS – Research Report), with a ...
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well short of expectations, in part because of a high-profile break with partner ...
UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
United Parcel Service beat earnings expectations with a significant EPS gain, though revenue slightly missed estimates.
Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.