UPS Shares Slide on Plans to Slash Volume of Business With Amazon
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 and Amazon Are Getting a Divorce—and the Stock Is Paying the Price
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
United Parcel Service (UPS) Q4 2024 Earnings Call Transcript
United Parcel Service (NYSE: UPS) Q4 2024 Earnings Call Jan 30, 2025, 8:30 a.m. ET Big Tech earnings, a key Fed meeting, and Trump's first full week in office: What to know this week ...
UPS plunged after saying it'll deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service were suffering their worst day ever on Thursday, after the package-delivery giant announced ...
UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.