UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...

UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...

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

Tesla stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates ...

Maran Partners Fund returned +6.4% (net); the full-year 2024 return was +16.0% net. Click here to read the full letter.

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...

The company said it had reached an agreement in principle with its top customer to lower volume by more than 50% by the end of 2025. UPS has also decided to insource all of its UPS SurePost products ...

United Parcel Service (UPS) stock dove today after the delivery company released a mixed earnings report for Q4 2024. First came earnings per ...

United Parcel Service forecast revenue of $89 billion for this year, compared with the analysts expectation of $94.9 billion ...

Shares of United Parcel Service sank 10% in premarket trading Thursday after the shipping giant reported worse-than-expected fourth-quarter results.