Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
With United Parcel Service stock moving south, we asses the investment worthiness of the stock at current levels.
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%.
A suspect has been arrested on several charges, including arson in connection with a fire that broke out at the UPS loading ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...