UPS Sees 2025 Revenue Slipping, Plans to Halve Volumes with Amazon — Update
The company said it had reached an agreement in principle with its top customer to lower volume by more than 50% by the second half of 2026. In its 2023 annual report, UPS said Amazon and its ...
JPMorgan expects UPS to materially underperform on accelerated Amazon glide-down
JPMorgan analyst Brian Ossenbeck expects UPS (UPS) shares to “materially underperform” as the market digests the strategic and financial ...
UPS to cut Amazon business by more than 50%, and stock heads for record selloff
UPS said it reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026. In UPS's latest annual report, the company singled out ...
UPS Sees 2025 Revenue Slipping, Plans to Cut Volumes with Top Customer
The company said it had reached an agreement in principle with its top customer to lower volume by more than 50% by the end of 2025. UPS has also decided to insource all of its UPS SurePost products ...
UPS announces strategic actions
The company announces the following set of strategic actions: first, it has reached an agreement in principle with its largest customer to ...
UPS says 2025 revenue to slide on fewer Amazon deliveries; shares drop
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
UPS unveils cost-cutting push as tepid parcel shipment demand weighs on outlook
Investing.com - UPS' revenue guidance for the 2025 fiscal year missed analysts' estimates, while the shipping giant also announced a multi-year drive to restructure its key U.S. network as it contends ...
UPS Outlook Disappoints on Stagnant Demand for Parcel Shipments
United Parcel Service Inc. tempered expectations for a long-awaited rebound this year in demand for its parcel shipping ...