UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

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

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...

Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...

It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the ...

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...

United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.