7 Words Explain Why UPS Is Cutting Amazon Loose
UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
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Post Office to halt delivery, close offices Monday, but other shipping services will operate
All branches of the United States Post Office will be closed Monday Feb. 17 in observance of Presidents Day, meaning mail ...
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
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UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS to halve Amazon deliveries; shipping giant's stock dives
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
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Amazon’s Big Delivery Service Is About To Get Even Bigger
“Amazon is our largest customer, but it’s not our most profitable customer,” Carol B. Tomé, the chief executive officer, said on a conference call that day to discuss its earnings. Although Amazon ...
UPS breaks with Amazon to take ‘control of own destiny’
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
Here's What UPS' Monumental News Means for Investors
UPS' (UPS 0.12%) recent fourth-quarter earnings report was monumental. It wasn't so much the numbers from the final quarter ...