UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

Presidents Day falls on Monday, Feb. 17. Here's what's open and closed and whether trash in Ohio's big cities will be picked ...

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 has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.

United Parcel Service beat earnings expectations with a significant EPS gain, though revenue slightly missed estimates.

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 ...