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

Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an agreement that would cut its business with Amazon.com Inc., its largest ...

UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price

United Parcel Service reported better-than-expected earnings. Guidance and a major change in its relationship with Amazon, ...
Benzinga.com

UPS CEO Says Amazon Is 'Our Largest,' But 'Not Our Most Profitable Customer'

Amazon made up 11.8% of UPS's total company revenue in fiscal 2024, however, the margin on Amazon packages is "very dilutive" to its U.S. domestic business, the CEO disclosed on the call. She said the ...

UPS Is Cheap For A Reason, But Might Still Be Undervalued

UPS may offer modest long-term upside despite headwinds and dividend risks. Get insights into valuation, cash flow, and ...
Retail Dive

UPS to cut Amazon volume by more than 50%

UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday. The carrier ...
Nasdaq

UPS to cut Amazon business by 50%+

Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock plummeted to the single largest loss in company history. Stock valuation ...
KSL

UPS to cut 20,000 jobs on reduced Amazon deliveries

NEW YORK — UPS on Tuesday said it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon. A UPS spokesman said the layoffs are due to shedding 50% of ...

Where Will UPS Stock Be in 1 Year?

The outlook for United Parcel Service (NYSE: UPS) is not straightforward. The company is set to see some major changes over ...

Morgan Stanley says Amazon's warehouse glut could hurt UPS — and accelerate Amazon's 'Buy With Prime' third-party checkout experiment

Amazon may choose to insource significant package volume from UPS as focus shifts from building up capacity to efficiency and productivity.

USPS to offer ‘last mile' service to UPS, Amazon, FedEx

Next year, USPS plans to ask for bids from other deliver services so those companies can pay and use the tried and true "Last Mile Infrastructure".
TribLIVE.com

Amazon, UPS each want 2,000 seasonal workers in Western Pa.

Amazon and United Parcel Service Inc. each want to hire about 2,000 workers in advance of the holiday shopping season for its distribution centers in Western Pennsylvania, the companies said this week ...
Morningstar

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

UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered their ...