Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
Shares of United Parcel Service Inc (UPS) recorded their worst session ever on Thursday, plunging over 14% to hit levels not ...
UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Read more at The Business Times.
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.