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 ...
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 scales back on Amazon deliveries: It 'just doesn't make sense for us'
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
‘They’re going to miss him.’ Popular UPS driver retires after 38 years
New Jersey residents share heartwarming stories of Anthony Romano's kindness and the special place he held in their community ...
UPS Smashes EPS, Misses Revenue Target
United Parcel Service beat earnings expectations with a significant EPS gain, though revenue slightly missed estimates.
UPS Asks Amazon (AMZN) to Cut Its Package Volume by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
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 ...
UPS Stock Leads S&P Decliners on Weaker-Than-Expected Q4 Results
Shares of United Parcel Service (UPS) sank over 16% Thursday to lead S&P 500 decliners after the shipping giant reported ...