Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock plummeted to the single largest loss in company history. Stock valuation ...

Amazon (NASDAQ: AMZN) is an online retail powerhouse, selling and delivering its own products and acting as a middleman for other retailers. The company's delivery trucks are ubiquitous in some areas ...

Amazon (NASDAQ: AMZN) is an online retail powerhouse, selling and delivering its own products and acting as a middleman for other retailers. The company's delivery trucks are ubiquitous in some areas ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Sandy Springs-based logistics company will cut the volume ...

CINCINNATI — If you are an Amazon Prime member, you may recall a few years ago when almost everything had one—or two-day shipping. That's not always the case anymore, with so many items coming from ...

ATLANTA — 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 ...

Amazon made up 11.8% of UPS's total company revenue in fiscal 2024, however, the margin on Amazon packages is "very dilutive" to its U.S. domestic business, the CEO disclosed on the call. She said the ...

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon, its biggest ...

That wasn’t always the case. For decades, Amazon shipped its packages to customers like most other retailers did, using one of the three major shipping companies: UPS, FedEx, and the U.S. Postal ...

UPS drivers on average deliver fewer packages each day than Amazon drivers and were successful securing better living wages. According to Business Insider, this is leading some of its drivers, like 24 ...