UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient ...
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...