UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
United Parcel Service forecast revenue of $89 billion for this year, compared with the analysts expectation of $94.9 billion ...
Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling. UPS reported on Thursday that its fourth-quarter earnings per share were $2.75 from sales of $25.3 ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...