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

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

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 ...

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

Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling.A long-held investor concern ...