Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.

Following a strong 2024, three-quarters of retail managers anticipate continued success amid plans for expansion and ...

UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...

Baird analyst Garrett Holland downgrades UPS stock to Hold from Buy and cuts his price target to $130 a share from $160.

A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number ...

UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.

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

United Parcel Service (NYSE: UPS) faced its worst single-day stock performance on record after the company released a ...

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...

Shares of industrial and transportation companies rose amid mixed earnings as companies with exposure to artificial-intelligence infrastructure outperformed more traditional factories. Caterpillar ...

The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic growth.

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...