UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
"This was us. This was UPS taking control of our destiny." Shares plunged by as much as 18%. The shipping giant said it would cut its business with its largest customer in half by June 2026.
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
After her college student son’s laptop unexpectedly died last September, Beth Gazeta rushed to purchase a replacement so he ...
Need to ship a package, print important documents, or secure a private mailbox—all in one stop? The UPS Store has just opened ...
Delays, taxes, and handling fees — shipping from China to the US just got more complicated.
It may be a good sign that UPS is growing its international business at a faster pace than the US segment. Looking at the ...
American shoppers and small businesses are feeling the immediate impact of new tariffs imposed by President Donald Trump, ...
UPS announced it would decrease shipping volume from Amazon, its biggest customer, by more than 50%. UPS shares plummeted Thursday after the Atlanta-based shipping giant announced it would ...
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