UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
The Post Office policy change is pushing UPS away from low-margin parcel business in rural America.
Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...
As noted, based on the company's guidance, UPS is a great value. Management's guidance for 2025 calls for revenue of $89 ...
The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...
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 ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
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 ...
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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