UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday. The carrier ...

Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock plummeted to the single largest loss in company history. Stock valuation ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Alex Bitter Every time Alex publishes a story, you’ll get an alert straight to your inbox!

Amazon made up 11.8% of UPS's total company revenue in fiscal 2024, however, the margin on Amazon packages is "very dilutive" to its U.S. domestic business, the CEO disclosed on the call. She said the ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Georgia-based logistics company will cut the volume it ...

United Parcel Service Inc. (NYSE: UPS) is preparing for a major change in its business as it expects to lose half of its Amazon-related volume over the next six quarters, according to Bank of America ...

Breaking news update: Teamsters win new UPS contract. When we wrote this article yesterday, the state of negotiations were unclear and a strike seemed to loom on the horizon. Now, that is not the case ...

UPS's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability and focus on higher-margin business. Though short-term revenue will dip, UPS expects significant ...

Shipping giants such as Amazon, FedEx and the U.S. Postal Service are gearing up for a potential strike at United Parcel Service (UPS) that could begin on Aug. 1 if the company’s negotiations with the ...