UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...

Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...

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 has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...

Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...