UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS Earnings: United Parcel Service Stock Dives on Mixed Q4 Results & Weak Guidance
United Parcel Service (UPS) stock dove today after the delivery company released a mixed earnings report for Q4 2024. First ...
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com , a surprise move that sent shares ...
UPS Q4 Earnings: Major Customer Volume Cut Raises Jitters, Stock Tanks
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...
UPS Is Shedding Dead Weight, But It Might Not Be Enough
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
Why UPS Stock Is Plunging Today
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient ...
UPS’s Boss Is Under Pressure From Unhappy Investors—Its Own Retirees
Detaching from Amazon triggered another slide in the package delivery giant’s battered stock, which is heavily owned by UPS ...