The customer in question? Amazon. The new agreement will open the door for more profitable opportunities for UPS, leaving Amazon to either pick up the slack or seek help elsewhere. RELATED ...

A long-held investor concern is finally coming to fruition: Will Amazon simply internalize most of its logistic needs? That is the direction it seems to be headed after UPS also announced that it ...

For decades, Amazon shipped its packages to customers like most other retailers did, using one of the three major shipping companies: UPS, FedEx, and the U.S. Postal Service. UPS, for example ...

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 ...

UPS is cutting its business with Amazon in half by mid-2026, it said Thursday. While big, Amazon's business with UPS was becoming less profitable, CEO Carol Tomé said. Amazon has been building ...

UPS announced it would decrease shipping volume from Amazon, its biggest customer, by more than 50%. UPS shares plummeted Thursday after the Atlanta-based shipping giant announced it would ...

Track all markets on TradingView Investors have long wondered about the potential impact on UPS' business as Amazon.com (AMZN) assumed responsibility for an increasing share of its own delivery ...

UPS recently disclosed that Amazon will be ramping down the package volumes it sends via UPS by more than 50% over the next 18 months. It sounds like the Amazon decision was mostly precipitated by ...

United Parcel Service UPS1.39%increase; green up pointing triangle is going to do a lot less business with its biggest customer, Amazon AMZN-1.65%decrease; red down pointing triangle.com.

UPS shares plummeted Thursday after the Atlanta-based shipping giant announced it would drastically reduce shipping volume from Amazon, its biggest customer. UPS Inc., by far the largest employer ...