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Amazon, UPS
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by more than half.
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 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 its shipping volumes for Amazon by more than 50 percent under the companies' revised arrangement.
16h
on MSN
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 ...
21m
UPS price target lowered to $120 from $135 at JPMorgan
JPMorgan lowered the firm’s price target on UPS (UPS) to $120 from $135 and keeps a Neutral rating on the shares post the Q4 report. The ...
19h
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.
15h
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
15h
UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
USA Today
13d
USPS, UPS end SurePost delivery contract. What does it mean for your packages?
Louisville's biggest employer,
UPS
, might have a few more packages after the
United States
Postal Service contract to deliver
UPS
SurePost parcels ended. The International Brotherhood of ...
MLive
13d
UPS, U.S. Postal Service delivery change: What it means for P.O. box users
Under the change, UPS Sure Post packages are now only being delivered by UPS drivers, a spokesperson for the International ...
6d
UPS Looks To Be Nearing Turnaround Territory
United Parcel Service struggles but gains in e-commerce and logistics. Read why UPS stock is close to a buy, though FedEx ...
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