UPS says 2025 revenue to slide on fewer Amazon deliveries; shares drop
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
Morgan Brennan interviews UPS CEO Carol Tomé on the company's strategic shift, reducing its reliance on Amazon while ...
What they do & how much they get paid In corporate headlines, UPS is at the point of its relationship with Amazon, where it’s ...
The UPS earnings report showed an ongoing recovery in its core delivery business. But a surprise strategic action by Amazon ...
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