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UPS stock plunges
UPS Breaks With Amazon to Take ‘Control of Own Destiny’
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer.
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.
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,
UPS, 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, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.
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.
UPS Shares Slide on Plans to Slash Volume of 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.
16h
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 ...
20h
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.
18h
on MSN
UPS plans to slash its shipping business with Amazon by half
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut ...
38m
UPS is hugely scaling back its Amazon shipping deal
UPS has announced plans to reduce its shipping volumes for Amazon by “more than 50%” under a revised agreement with the global ecommerce giant. The change will come into effect by the second half of ...
19h
Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
18h
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 ...
16h
on MSN
UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
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