UPS stocks plummeted after it slashed business with the world’s largest online retailer.

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

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

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...

Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...

UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number ...

Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...