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UPS stock plunges

UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'

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

Axios on MSN · 3h

UPS stock plunges after announcing cut to Amazon deliveries

United Parcel Service will halve its Amazon package volume to bolster its profitability, but the unexpected move sent the stock tumbling Thursday. Why it matters: UPS gets nearly 12% of its revenue from Amazon deliveries,

International Business Times · 5h

UPS Stock Takes Hit Over Fewer Amazon Deliveries

United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with Amazon by more than 50% by June 2026.

UPS, Amazon

NBC News · 4h

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

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

Reuters · 6h

UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.

The Wall Street Journal on MSN · 6h

UPS Stock Sinks on Plans to Slash Business with Amazon

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

UPS Asks Amazon (AMZN) to Cut Its Package Volume by 50%

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

UPS to cut its Amazon business by more than 50%. Here’s why.

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

UPS announces major cutback in Amazon relationship

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

USA Today13d

USPS, UPS end SurePost delivery contract. What does it mean for your packages?

Louisville's biggest employer, UPS, might have a few more packages after the United States Postal Service contract to deliver UPS SurePost parcels ended. The International Brotherhood of ...

Money Morning9h

Should You Buy the Dip on UPS Stock?

UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included ...

44mon MSN

UPS shares tumble 14% after disappointing 2025 revenue forecast

United Parcel Service forecast revenue of $89 billion for this year, compared with the analysts expectation of $94.9 billion ...

10h

UPS Earnings: United Parcel Service Stock Dives on Mixed Q4 Results & Weak Guidance

United Parcel Service (UPS) stock dove today after the delivery company released a mixed earnings report for Q4 2024. First ...

9hon MSN

UPS targets $1B in savings through Efficiency Reimagined initiatives by 2025

Q4 2024 Management View CEO Carol Tomé highlighted that UPS achieved consolidated revenue of $25.3B in Q4 2024, an increase ...

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UPS stock plunges

UPS, Amazon

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