Brian Dykes explains why UPS is prioritizing profitability over volume, and how refocusing its network is delivering results.
In a move shaking the global shipping landscape, UPS has announced it will cut Amazon's shipping volume by more than half by ...
ATLANTA — UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will shed some of its least-profitable business and help shelter ...
(AP) — UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that ...
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. The carrier ...
Amazon made up 11.8% of UPS's total company revenue in fiscal 2024, however, the margin on Amazon packages is "very dilutive" to its U.S. domestic business, the CEO disclosed on the call. She said the ...
A spate of high-profile corporate layoff announcements in recent days has sparked talk on whether the end of the “low-fire, ...
Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock plummeted to the single largest loss in company history. Stock valuation ...
United Parcel Service is in the middle of a turnaround effort, and early progress suggests the business is getting stronger.
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 their ...