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 it is not the company’s most ...

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

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.

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

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

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

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

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

Baird analyst Garrett Holland downgraded UPS stock to Hold from Buy. He cut his price target to $130 a share from $160.

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