UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer.
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 Stock Sinks on Plans to Slash Business with Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.
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.
UPS plans to slash its shipping business with Amazon by half
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies' revised arrangement.
Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will decrease by over 50% by
UPS Breaks With Amazon to Take ‘Control of Own Destiny’
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
UPS Earnings: United Parcel Service Stock Dives on Mixed Q4 Results & Weak Guidance
United Parcel Service (UPS) stock dove today after the delivery company released a mixed earnings report for Q4 2024. First ...
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 ...
StockStory.org on MSN1d
United Parcel Service (UPS) Q4 Earnings Report Preview: What To Look For
Parcel delivery company UPS (NYSE:UPS) will be announcing earnings results tomorrow before market hours. Here’s what ...
Wells Fargo Sticks to Their Buy Rating for United Parcel (UPS)
Wells Fargo analyst Christian Wetherbee maintained a Buy rating on United Parcel (UPS – Research Report) yesterday and set a price target of ...
Hosted on MSN23h
United Parcel Service (NYSE:UPS) Reports Q4 In Line With Expectations But Stock Drops
Parcel delivery company UPS (NYSE:UPS) in Q4 CY2024, with sales up 1.5% year on year to $25.3 billion. On the other hand, the ...
UPS Is Shedding Dead Weight, But It Might Not Be Enough
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
American Association of Individual Investors1d
Why United Parcel Service, Inc.’s (UPS) Stock Is Down 14.11%
United Parcel Service, Inc.’s UPS share price has dipped by 14.11%, which has investors questioning if this is right time to ...
Hosted on MSN16h
United Parcel Service (UPS) Stock Trades Down, Here Is Why
What Happened? Shares of parcel delivery company UPS (NYSE:UPS) fell 17.6% in the morning session after the company reported weak fourth-quarter results and provided full-year revenue guidance, which ...
United Parcel Service (UPS) Q4 2024 Earnings Call Transcript
United Parcel Service (NYSE: UPS) Q4 2024 Earnings Call Jan 30, 2025, 8:30 a.m. ET Good morning. My name is Greg Alexander, and I will be your facilitator today. I would like to welcome everyone to ...
UPS shares tumble 14% after disappointing 2025 revenue forecast
United Parcel Service forecast revenue of $89 billion for this year, compared with the analysts expectation of $94.9 billion ...