UPS materially boosted its total dividend payment by almost 50% in 2022 (to more than $5 billion annually). While we think the increase was somewhat ambitious, outside of major economic disruption, ...

UPS stocks plummeted after it slashed business with the world’s largest online retailer. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site ...

Backing away from Amazon also brings UPS more in line with FedEx Corp., which has long viewed the e-commerce giant as more of a rival than a customer. The catalyst for UPS came in recent weeks ...

UPS CEO confirms on the earnings call that the “accelerated glide down” of Amazon volumes was initiated by UPS. “This was not their ask. This was us. This was UPS taking control of our ...

A Norco milk truck driver is fighting for life in hospital after colliding with a ute on a major roadway near Coffs Harbour, with police launching a probe into the crash. Here’s the latest.

A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number of Amazon (AMZN) packages sent through its service. Earlier this week ...

Amazon is UPS’s biggest customer ... time Amazon has lost delivery slots with a third-party firm – in 2019, FedEx ended its contract with the retail giant. Amazon has also been busy building ...

UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday.

Backing away from Amazon also brings UPS more in line with FedEx Corp., which has long viewed the e-commerce giant as more of a rival than a customer. The catalyst for UPS came in recent weeks with a ...

Anthony Romano parked his UPS truck for good, after delivering packages for nearly 4 decades in Westfield and Mountainside, New Jersey. Those who live along his route wanted to make sure they ...