UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its ...
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
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 ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
United Parcel Service (NYSE: UPS) Q4 2024 Earnings Call Jan 30, 2025, 8:30 a.m. ET Good morning. My name is Greg Alexander, and I will be your facilitator today. I would like to welcome everyone to ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.