UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
UPS Breaks With Amazon to Take ‘Control of Own Destiny’
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS Stock Is Downgraded. Amazon News Weighs Heavily.
Baird analyst Garrett Holland downgraded UPS stock to Hold from Buy. He cut his price target to $130 a share from $160.
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS to halve Amazon deliveries; shipping giant's stock dives
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...