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 ...
UPS Lowers Amazon Volume; Hapag-Lloyd Sees Rise in Container Transport
UPS plans 50 percent cut in Amazon volume, while Hapag-Lloyd sees Q4 earnings gains, but geopolitics could mean challenges ...
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Mail delivery delays in Louisville continue even with snow melted, customers say
Many Louisville residents said they no longer trust the United States Postal Service to deliver their mail on time after ...
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 ...
UPS CEO says ‘became clear’ momentum could be lost if challenges not faced
CEO Carol Tome says the company’s actions are being made to face three key challenges “head on.” The company’s “largest customer” is ...
United Parcel Service (UPS) Q4 2024 Earnings Call Transcript
I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now my pleasure to turn the floor over to your host, Mr. PJ Guido, investor ...
What is open and closed on Presidents Day 2025? Is it a federal holiday? What to know
Presidents Day falls on Monday, Feb. 17. Here's what's open and closed and whether trash in Ohio's big cities will be picked ...
UPS stock hits 52-week low at $117.86 amid market challenges
United Parcel Service (UPS) stock has experienced a significant downturn, touching a 52-week low of $117.86. While the stock ...
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UPS plans to offload 50% of Amazon business
Shares in express giant UPS fell today after the company revealed plans to offload 50% of its business with its largest customer Amazon ...
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, ...
Domestic Margins Advancing, but Amazon Relationship to Glide Down Materially
UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...
UPS to cut its Amazon business by more than 50%. Here's why.
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 ...