The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
Transportation stocks in particular were taking it on the chin this morning: United Parcel Service (NYSE: UPS) stock is down ...
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.