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 ...

The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...

Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...

UPS and Amazon have reached an agreement to decrease ... Let us know in the comments Due is a payments, eCash, online invoicing, time tracking, global payments and digital wallet solution for ...

UPS stocks plummeted after it slashed business with the world’s largest online retailer.

UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered ...

Amazon only accounted for 11% of UPS’s $91.1 billion revenue in 2024, down from 13.3% in 2020 when pandemic-induced online shopping saw figures rise. Speaking at UPS's Q4 2024 earnings ...

“When you inject big price increases in a marketplace, you open the door to innovation and new offerings,” Gooding said, adding that Amazon is likely to benefit from UPS’ dilemma. Tomé is ...