United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...
As noted above, Amazon is a major customer, and this implies a significant reduction in volume and revenue from the ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares plunged.
UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did between 2021 and 2024. That will allow the company to focus on fewer but ...
Tech start-ups typically raised huge sums to hire armies of workers and grow fast. Now artificial intelligence tools are ...
One of the key things to remember about UPS is that it is a logistics giant. The company's brown-clad employees and trucks ...
We predict UPS stock will continue downward trend in 2025 despite cost-cutting measures, with the potential for sentiment boost from humanoid deployments. See more.
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...
UPS to cut Amazon deliveries by more than 50% by 2026 CEO Tome says Amazon business dilutes margins CFO says SurePost, other e-commerce delivery is more lucrative than that of Amazon UPS aims to ...
Since 2017, customers who wish to return products purchased via Amazon have been able to simply bring their goods to their local Kohl's, walk up to the store's Amazon Returns drop-off counter, flash a ...
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 ...