As noted, based on the company's guidance, UPS is a great value. Management's guidance for 2025 calls for revenue of $89 ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
"We have 5,200 UPS store locations that make it very convenient for customers of Amazon to return their Amazon packages," she said. Amazon has spent years building its logistics services ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave more details on the company's earnings call.
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
noting Amazon's reliance on The UPS Store locations for customer returns. "I don't think it will go all away," Tomé said. "I think we're landing at the right spot with this accelerated glide down." ...
In a nutshell, UPS has agreed with its largest customer, Amazon (responsible for 11.8% of total company revenue in 2024), to reduce its Amazon deliveries by 50% by the second half of 2026.
UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call.