United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...

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 ...

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

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

“Amazon is our largest customer, but it’s not our most profitable customer,” Carol B. Tomé, the chief executive officer, said on a conference call that day to discuss its earnings. Although Amazon ...

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

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 ...

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'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 ...

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 ...