UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
United Parcel Service UPS management recently announced a 0.6% hike in its quarterly dividend payout. This transportation ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
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.
Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...
The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...