Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
UPS stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...
Gross domestic product (GDP) increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Bureau of ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...
Presidents Day falls on Monday, Feb. 17. Here's what's open and closed and whether trash in Ohio's big cities will be picked ...
UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well ...
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...
UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will shed some of its least-profitable business and help shelter profits from ...
I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now my pleasure to turn the floor over to your host, Mr. PJ Guido, investor ...
President-elect Donald Trump’s return to the White House has given new vigor to conservative efforts to privatize the U.S. Postal Service.