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 ...

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

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.

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

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

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...

Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...

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