Amazon is doubling down on its reputation as the best place to start any online shopping journey by showing products not sold ...

Even with previous volume reduction efforts, Amazon still makes up a large portion of UPS' business. Executives said about 20% to 25% of volume in UPS' U.S. network is tied to Amazon, and the ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi ...

UPS said it reached an agreement in principle with Amazon to lower its volume by more than 50% by the second half of 2026. Tomé said that because the contract with Amazon came up for renewal this ...

UPS said it will cut the volumes it handles for Amazon by 50% going into the second ... Adjusted earnings per share in the quarter came in at $2.75, up 11.3% year over year compared to the fourth ...

UPS’s contract with Amazon was up for renewal this year, making leadership to reevaluate the partnership. Of this, Tomé said “if we take no action, it will likely result in diminishing ...

UPS's chief financial officer, Brian Dykes, said on the call that Amazon shipments made up about 20% of UPS's volume in the US. The company had reported fourth-quarter results before the stock ...