But the switch poses a challenge for the Atlanta-based company, which now must put more packages on its own trucks with drivers earning union wages – unlike rivals without labour unions such as FedEx ...

UPS stock plunged a record 14.1 percent to close at $114.90 after it announced plans to reduce its business with Amazon by 50 percent by 2026. "We've been partnered to Amazon for nearly 30 years ...

UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...

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 ... In 2024, for instance, a commercial carrier could pay the Postal Service $2.79 to do ...

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon, in an already challenging environment for the parcel delivery giant.

Amazon has long relied on a mix of major carriers for deliveries, including UPS, FedEx and the U.S. Postal Service. But it has decreased the number of packages sent through UPS and other carriers ...

UPS said Thursday that it would cut its business with Amazon in half by mid-2026. CEO Carol Tomé said Amazon's business with UPS, while big, was becoming less profitable. Amazon has been building ...

OMAK – A suspect has been arrested on several charges, including arson in connection with a fire that broke out at around 5:30 a.m. on Jan. 25 at the UPS loading dock in Omak. The initial report ...

The loss of revenue, as well as volume of packages that helped fill planes and delivery trucks ... UPS's main rival, FedEx, in 2019 went through the process of eliminating Amazon from its delivery ...

This also comes as Amazon has continued to reduce its reliance on external delivery services. In 2022, the company delivered more packages to U.S. homes than UPS for the first time in a single year, ...

UPS plans to shrink profit-denting Amazon volumes more than 50% by the ... it also cuts about $1 billion in costs for buildings, trucks, planes and labor, executives said.