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UPS Stock Plunges 7% After Shocking 50% Cut In Amazon Business: What’s Next For The Shipping Giant?
United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon, ...
UPS Shares Sink on Disappointing Forecast for Parcel Demand
United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...
UPS says 2025 revenue to slide on fewer Amazon deliveries; shares drop
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 ...
JPMorgan expects UPS to materially underperform on accelerated Amazon glide-down
JPMorgan analyst Brian Ossenbeck expects UPS (UPS) shares to “materially underperform” as the market digests the strategic and financial ...