Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.

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

UPS's (UPS) announcement that it will cut back on deliveries for its largest customer, Amazon (AMZN), sent its stock tumbling as much as 15% on Thursday. But the company says it made the change ...

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...

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

UPS is gearing up for a productive fiscal year in 2025. The parcel service outlined three strategic action steps in a recent ...

UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...

United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with ...

Several Swiss start-ups have secured the necessary funds to conquer global markets.

UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call.