it had brought all of its UPS SurePost product in house. UPS had previously used the U.S. Postal Service for a portion of the last-mile delivery of that service. Tomé noted that USPS was changing its ...
UPS stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...
Gross domestic product (GDP) increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Bureau of ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS plans 50 percent cut in Amazon volume, while Hapag-Lloyd sees Q4 earnings gains, but geopolitics could mean challenges ...
United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
Quarterly consolidated revenue, at $25.3 billion, rose 1.5% year-over-year, while adjusted earnings per share, at $2.75, increased 11.3% annually. Consolidated quarterly operating profit, at $2.9 ...
UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026. Here's what you need to know.
CEO Carol Tomé highlighted that UPS achieved consolidated revenue of $25.3B in Q4 2024, an increase of 1.5% year-over-year, with operating profit rising 11.2% to $3.1B. U.S. domestic operating margin ...
Shares in express giant UPS fell today after the company revealed plans to offload 50% of its business with its largest customer Amazon ...
JPMorgan analyst Brian Ossenbeck expects UPS (UPS) shares to “materially underperform” as the market digests the strategic and financial ...