The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
With a volume of 10,657,850, the price of UPS is up 0.1% at $115.01. RSI indicators hint that the underlying stock may be approaching oversold. Next earnings are expected to be released in 81 days.
I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now ...
Parcel delivery company UPS (NYSE:UPS) in Q4 CY2024, with sales up 1.5% year on year to $25.3 billion. On the other hand, the ...
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U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages after the government agency's contract with the parcel service expired this year. The International Brotherhood of ...
UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call.
UPS, for example, has been delivering packages for Amazon for almost 30 years. But making money from this partnership has grown harder for the $97bn logistics company. UPS’s ability to demand ...
UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did ...
SANDY SPRINGS, Ga. — Sandy Springs-based shipping company United Parcel Service, aka UPS, announced Friday it would be reducing how many packages it carries for its largest customer by 50% ...