Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...

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 ...

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

Presidents Day falls on Monday, Feb. 17. Here's what's open and closed and whether trash in Ohio's big cities will be picked ...

UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.

UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient ...

UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will shed some of its least-profitable business and help shelter profits from ...

United Parcel Service (NYSE: UPS) Q4 2024 Earnings Call Jan 30, 2025, 8:30 a.m. ET Good morning. My name is Greg Alexander, and I will be your facilitator today. I would like to welcome everyone to ...

President-elect Donald Trump’s return to the White House has given new vigor to conservative efforts to privatize the U.S. Postal Service.

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.