Under AGRI-SURE, also managed by Nabventures, out of the total fund, Rs 300 crore will be directly invested in startups, ...
UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...
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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 ...
US stocks struggled to make headway on Thursday as investors digested megacap tech earnings and waited for Apple (AAPL) ...
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Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Shares of United Parcel Service (UPS) sank over 16% Thursday to lead S&P 500 decliners after the shipping giant reported ...
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...
UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included ...