UPS is gearing up for a productive fiscal year in 2025. The parcel service outlined three strategic action steps in a recent ...
UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
Trying to cut back on your Amazon spending but can't give up its streaming perks just yet? Here's the change you're looking ...
The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon is not the delivery company’s most profitable custom ...
USPS CEO Carol Tomé says the company is planning on reducing Amazon deliveries by half in the middle of next year.
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly 12% of UPS' total revenue in 2024, Tomé said. The company reported $91.1 ...
In a statement to Reuters, Amazon said that they respect the decision from UPS to scale back delivery volumes, adding that it will "continue to partner with them and many other carriers to serve our ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Georgia-based logistics company will cut the volume it ...
UPS has also been busy cutting costs to address poor financial growth. In January 2024, it laid off 12,000 workers as part of an effort to claw back $1 billion in savings. Amazon told us that the ...