The Post Office policy change is pushing UPS away from low-margin parcel business in rural America.
UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
As noted, based on the company's guidance, UPS is a great value. Management's guidance for 2025 calls for revenue of $89 ...
The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...