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 ...

UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.

USPS CEO Carol Tomé says the company is planning on reducing Amazon deliveries by half in the middle of next year.

The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...