UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
Transportation stocks in particular were taking it on the chin this morning: United Parcel Service (NYSE: UPS) stock is down ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...
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 ...
Why tariffs are particularly bad news for UPS, Forward Air, and FedEx According to data from S&P Global Market Intelligence, FedEx does 72% of its business in the U.S. and UPS gets 79% of its ...