Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
For several years, Amazon has partnered with retailers like The UPS Store, Whole Foods, Kohl's, and Staples to allow consumers to drop off their Amazon returns at brick-and-mortar stores.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
The decline in Amazon volume will lead to fewer packages being delivered by UPS, but at more profitable rates. In 2025, UPS expects average daily U.S. volume to drop ... on The UPS Store locations ...
Baird analyst Garrett Holland downgrades UPS stock to Hold from Buy and cuts his price target to $130 a share from $160.
UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call.