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 ...

The company is laying off workers after its big contract payoff to the union.

Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.

The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon ...

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in Louisville, which is home to UPS' largest sorting hub, Worldport, and its UPS ...

UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will ...

Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...

United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...

Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.