Amazon’s stock surged 1.3% to close at $237.68 on Friday. It reached as high as $240.29 in intraday trading, which was ...

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...

Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

UPS stocks plummeted after it slashed business with the world’s largest online retailer.

It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the ...

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...

UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...