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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 ...
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer ...
UPS expects 2025 consolidated revenue of approximately $89B and operating margin of 10.8%, driven by a 6% growth in U.S. domestic revenue per piece. Guidance includes an 8.5% reduction in average ...
UPS’ core parcel operations have endured a prolonged demand trough as package volumes have fallen from pandemic-era peaks. Some customers also have traded down from premium to economy services ...
its largest customer, by more than half. While UPS UPS explained that the move was part of its plan to focus on more profitable deliveries rather than on simply increasing volume, the news still ...