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

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 ...

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

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

IBM ( IBM) was the best-performing stock in the Dow and S&P 500 when the computer services provider beat profit estimates as ...

Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...

United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon, ...

United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...

United Parcel Service will halve its Amazon package volume to bolster its profitability, but the unexpected move sent the ...

The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic growth.

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...