UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...

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.

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

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...

Baird analyst Garrett Holland downgraded UPS stock to Hold from Buy. He cut his price target to $130 a share from $160.

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...

UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...