UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...

Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...

Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the ...

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...

United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies' ...

Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...