First, it agreed with Amazon to gradually lower its delivery volumes until it had 50% of its current volume by the second ...
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
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 shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...
JPMorgan analyst Brian Ossenbeck expects UPS (UPS) shares to “materially underperform” as the market digests the strategic and financial ...
The company said it had reached an agreement in principle with its top customer to lower volume by more than 50% by the second half of 2026. In its 2023 annual report, UPS said Amazon and its ...
U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages. Here's how fast you could get your deliveries.
According to a USA Today story, your SurePost packages delivered in the U.S. may arrive a day earlier. Why? The contract between USPS and UPS is ending, so the transit time will decrease from two ...