Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...

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%.

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...

UPS stock dived to a multiyear low.The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...

United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well short of expectations, in part because of a high-profile break with partner ...

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

Tesla Inc. ( TFII-T -0.11% ) shares gained 2.9 per cent on Thursday after CEO Elon Musk vowed to launch long-awaited cheaper ...

CEO Carol Tome says the company’s actions are being made to face three key challenges “head on.” The company’s “largest customer” is ...