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%.

Stocks bounced around but settled higher Thursday as mixed tech earnings and tariff comments made for a choppy day of trading ...

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 has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...

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

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

After UnitedHealthcare CEO Brian Thompson was shot to death in December, law enforcement records show a burst of police ...

U.S. Bancorp (NYSE: USB) announced today that President Gunjan Kedia will become the company’s chief executive officer at the ...