UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS to halve Amazon deliveries; shipping giant's stock dives
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
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 ...
UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its ...
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 ...
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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 ...
UPS stock plummets 15% because it's about to do a lot less Amazon business
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
UPS CEO Carol Tomé on Amazon pullback, profit growth, and logistics expansion
Morgan Brennan interviews UPS CEO Carol Tomé on the company's strategic shift, reducing its reliance on Amazon while ...