Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
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.
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
UPS' (UPS 0.12%) recent fourth-quarter earnings report was monumental. It wasn't so much the numbers from the final quarter ...
EST Amazon.com (AMZN) expects to continue to be partners with UPS (UPS) ‘for many years’Maximize Your Portfolio with Data Driven ...
UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered ...