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UPS, Amazon
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com, a surprise move that sent shares tumbling as much as 18%.
UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.
2d
on MSN
UPS stock price is tumbling after the delivery company said it would cut back service with Amazon
Investors are fleeing on Thursday following a lackluster earnings report and 2025 forecast. UPS says it’s redoubling its ...
2d
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
2d
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
The Natchez Democrat
1d
UPS Natchez hub closing counter service; customers can use alternative authorized shipper
The UPS hub in Natchez no longer provides counter service to customers seeking to send packages. “The hub will still be open ...
13d
USPS, UPS SurePost delivery contract ends. Here’s what it means for packages
SurePost, a UPS economy service primarily used by businesses to send packages, is changing after a contract with the U.S.
2d
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
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