Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...
Investors are fleeing on Thursday following a lackluster earnings report and 2025 forecast. UPS says it’s redoubling its efforts on profitability. On Thursday, United Parcel Service (UPS) predicted ...