UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares plunged.
As noted above, Amazon is a major customer, and this implies a significant reduction in volume and revenue from the e-commerce company. Second, UPS will bring the SurePost deliveries currently ...
United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See why I rate UPS stock a buy.
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 ...
A long-held investor concern is finally coming to fruition: Will Amazon simply internalize most of its logistic needs? That is the direction it seems to be headed after UPS also announced that it ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Sandy Springs-based logistics company will cut the ...
UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did between 2021 and 2024. That will allow the company to focus on fewer but ...
"Carriers are required to knock on the customer’s door or ring their doorbell only if the customer’s signature is required ...
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