UPS to cut Amazon business by more than 50%, and stock heads for record selloff
UPS said it reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026. In UPS's latest annual report, the company singled out ...
UPS to cut Amazon business by more than 50%. Its stock is tumbling.
UPS said it reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026. In UPS's latest annual report, the company singled out ...
SJ family desperate to find father's ashes after USPS delivered them to wrong address
A San Jose mother and son desperate to get his father's cremated remains after the U.S. Postal Service said they were delivered to the wrong address. Fifty-four-year-old Michael Voorhees's life was ...
JPMorgan expects UPS to materially underperform on accelerated Amazon glide-down
JPMorgan analyst Brian Ossenbeck expects UPS (UPS) shares to “materially underperform” as the market digests the strategic and financial ...
UPS unveils cost-cutting push as tepid parcel shipment demand weighs on outlook
For its current fiscal year, UPS said it expects to report revenue of around $89 billion, below Wall Street expectations for a forecast of $94.9 billion, according to Bloomberg consensus estimates.